The concept of Nash equilibrium has long served as a cornerstone in game theory, characterising a state where no player can benefit by changing their strategy unilaterally. Recent advancements have ...

TOPSHOT - President Trump's plan to create a "national bitcoin stockpile" has fueled speculation that other countries will follow suit. Game theory helps explain the logic behind Bitcoin's recent ...

The prisoner's dilemma describes a situation in which two parties act on an incentive to protect themselves at the expense of the other. Find out how it works in economics.

University economist John Nash GS '50 used his "beautiful mind" on the witness stand at a hearing last week in Gainesville, Fla., the Associated Press reported. Nash, winner of the 1994 Nobel Prize in ...

Though his name and life story have received wide public recognition since the 2001 film "A Beautiful Mind," Nobel laureate in economics John Nash Jr. has not let Hollywood steer him from the field in ...