From historical analogies to game theory models, Dr Xueqin Jiang has built a global following by arguing that geopolitics follows patterns that can be studied, modelled, and, to some extent, predicted ...
In the face of existential dilemmas that are shared by all of humanity, including the consequences of inequality or climate change, it is crucial to understand the conditions leading to cooperation. A ...
The world continues to reel from the pandemic and, among many other things, the shortage of medical supplies that has resulted. Yes, the world has experienced natural disasters, but they are typically ...
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 ...
Game theory just sounds fun. It rings of intriguing calculations done in the interest of entertaining or worthwhile pursuits: How to choose your March Madness bracket. How to get your spouse to do the ...
The devastation by Hurricane Harvey continues, with the National Weather Service calling the event unprecedented, thus making the response even more complicated. Nearly half a million people are ...
A game theory-inspired model shows how the areas around train doors become crowded at rush hour. The model could eventually be used as a tool for designing safer public venues. When two parties ...
Whether a nation should retaliate against a cyber attack is a complicated decision, and a new framework guided by game theory could help policymakers determine the best strategy. Whether a nation ...
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 ...
Most game theory models don't reflect the relentlessly random timing of the real world. In a new article, two economists and a physicist model what happens when players receive information or act at ...
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