Perhaps the most famous game-theory contest is the prisoner’s dilemma. In the prisoner’s dilemma, a pair of thieves have been ...

To understand how driverless vehicles can navigate the complexities of the road, researchers often use game theory—mathematical models representing the way rational agents behave strategically to meet ...

The original version of this story appeared in Quanta Magazine. Imagine you had a friend who gave different answers to the same question, depending on how you asked it. “What’s the capital of Peru?” ...

Ever wonder how nodes are incentivized in a blockchain to ensure trust, consensus and cooperation in a system with no central authority? The answer lies in game theory, the mathematical study of ...

Game theory has a fascinating connection with poker. Image sourced from www.shutterstock.com Welcome to our series on economic theories that are changing the way we think. Today, Partha Gangopadhyay ...

Your institution does not have access to this book on JSTOR. Try searching on JSTOR for other items related to this book. Game Theory and Literature: An Overview 1 ...

Coming upon the term "game theory" this week, your first thought would likely be about the Winter Olympics in Sochi. But here we're going to discuss how game theory applies in economics, where it's ...

The most serious environmental problems facing our planet require cooperative solutions. Ensuring the sustainability of the Murray-Darling river system requires the cooperation of several states.

As brilliantly visualized in the Disney-Pixar animated movie "Inside Out" (2015), emotions guide most of our actions, if not all. However, for a long time, economists did not pay much attention to ...