So you’re standing at the edge of a cliff, chained by the ankle to someone else. You’ll be released, and one of you will get a large prize, as soon as the other gives in. How do you persuade the other ...
Human behavior drives the evolution of biological organisms in ways that can profoundly adversely impact human welfare. Understanding people's incentives when they do so is essential to identify ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
Physicist Albert Einstein famously posited that if he only had an hour to crack a daunting problem, he'd devote 55 minutes to ...
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 ...
Economic uncertainty, like we are living through right now, can make regular purchasing decisions challenging. Even more so decisions around big life moments, like changing your job, buying a house or ...
In a recent artificial intelligence (AI) machine learning breakthrough in game theory, researchers solve a persistent problem with real-world applicability—for the better. At last month’s 34th ...
Branislav L. Slantchev, PhD, professor of political science at UCSD and a Solana Beach resident, provided his insights on the ...