A new interactive web application allows for a tangible understanding of abstract concepts of quantum game theory. The Kobe ...

As we approach the fantasy playoffs, it’s a good time to revisit the ideas of Optimality and Game Theory. In Optimality, you’re always striving for the best possible outcome at the least possible cost ...

The first-mover advantage has allowed Tesla, Inc. to pave the way for its current lineup of electric vehicles. However, it is questionable whether this advantage still exists because market conditions ...

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 ...

TOPSHOT - President Trump's plan to create a "national bitcoin stockpile" has fueled speculation that other countries will follow suit. Game theory helps explain the logic behind Bitcoin's recent ...

Game theory helps investors predict outcomes in markets where decisions impact each other. Understanding game theory equips investors to strategically anticipate market actions. Game theory-informed ...

Russell has a PhD in the history of medicine, violence, and colonialism. His research has explored topics including ethics, science governance, and medical involvement in violent contexts. Russell has ...

The Iranian/Israeli conflict can be explained as a prisoner’s dilemma, which is the most famous game theory model. In the classic prisoner’s dilemma game, there are two players who do not cooperate.