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 ...
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 ...
Over the last few months U.S.-China trade relations have been pretty hard to make sense of – unless you look at what's happening through the lens of game theory. Game theory is all about how decisions ...
The original version of this story appeared in Quanta Magazine. Imagine you had a friend who gave different answers to the same question, depending on how you asked it. “What’s the capital of Peru?” ...
The authors do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their ...
When providers understand game theory, they can address parents’ vaccine concerns more effectively. Jane Austen, Game Theorist? Ha Claiming famous artists operated under the auspices of modern ...
Among the first things a newborn child is presented with are objects of play: a rattle to shake, a toy to crinkle, a stuffed animal to squeeze, blocks to stack. Through these playthings, the child ...
Playing with Reality: How Games Shape Our World. By Kelly Clancy. Riverhead Books; 368 pages; $30. Allen Lane; £25 In 1824 Prince Wilhelm of Prussia asked for a demonstration of an elaborate game he ...
Linear Algebra (e.g. Math 240 or GenEng 205-1), Probability (e.g. ELEC_ENG 302), basic optimization and mathematical maturity. The strategic interactions among multiple agents is a fundamental feature ...