Explore how backward induction helps solve game theory problems by working from the end backward to determine optimal actions ...

Discover how the Centipede Game illustrates conflict between self-interest and mutual benefit, as well as why real-world ...

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 ...

The big thinkers at Aperture explore how game theory applies to everyday decisions and life strategies. Mountain of debris ...

We explain what game theory actually is in simple terms. It studies decisions where outcomes depend on what others do. The problem is that it assumes people are always selfish and logical. In real ...