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Although Game Theory can be used to quantify real-world events into a Game
Design, a Game Design is not subject exclusively to Game Theory.

Particular aspects of games cannot be quantified as they exist purely on
the emotional level of the players.  For example, how do you evaluate the
potential for frustration or joy?  Each player will react subjectively,
some enjoy frustrating games.

But objective values can be assigned so that a potential developer can
make decisions while designing a game.  But this will not cause a
developer to create a good game.  Their own prejudices will often effect
their design.  Some might never develop a large game while others will not
develop small ones.  And some do not appreciate game with themes, while
others will not try the pure abstract.