Game theory is an area of applied mathematics that deals with how participants use strategies and logical reasoning to make decisions in strategic situations like games. Game theory and Artificial ...
Editor’s Note: This article previously appeared in a different format as part of The Atlantic’s Notes section, retired in 2021. Let the game begin! I was very excited by my colleague Andrew McGill’s ...
Following the recent tragic death of the famous mathematician John F. Nash Jr., known for his 2001 biopic, “A Beautiful Mind”, it’s incredibly interesting how much his game theory concepts can ...
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 ...
An analysis of supply chain politics can benefit from applying game-theory concepts extensively. Game theory, according to the Stanford Encyclopedia of Philosophy, studies the ways in which strategic ...
Traders interested in capitalizing on current pricing trends may benefit from historical events and basic game theory concepts. Historical events have resulted in a similar pricing pattern as ...
Game theory is the formal study of conflict and cooperation. Game theoretic concepts apply whenever the actions of several agents are interdependent. These agents may be individuals, groups, firms, or ...