Game theory was born to deal with interdependence: situations where what I do depends on what you do, and what you do depends on what I do. That, of course, would cover almost all situations. For ...

Game theory and economics show how to steer evolution in a better direction Date: November 16, 2021 Source: PLOS Summary: Human behavior drives the evolution of biological organisms in ways that ...

The late 1980s were peak years in terms of the status of economic theory within the broader economics profession. The field had gone through the so-called game theory revolution and was busy ...

Lloyd Shapley GS ’53, a noted game theory scholar and professor emeritus at the University of California, Los Angeles, was awarded the Sveriges Riksbank Prize in Economic Sciences in Memory of ...

The book points readers to economic principles that appear throughout the show, ideas like economic utility, game theory, and the best way to allocate resources in the face of scarcity.

As the United Auto Workers strike against Detroit’s Big Three drags on, a classic behavioral theory provides a way to figure out how long it may continue.

In its negotiations on the two key infrastructure bills, Congress members are utilizing the classic economic concept of game theory to outmaneuver one another. We look at what this federal ...

As economists specializing in behavioral economics and game theory, we teach strategic concepts from game theory to our business students.

Claudia Winkleman, a television presenter with a helmet of shiny hair, is not a typical economics teacher. Yet students should consider her game show. Those learning outside Britain may opt for ...