Parrondo’s Paradox epitomises the counterintuitive phenomenon in which combining two individual losing strategies can yield a winning outcome. This concept, originating from game theory, has ...
Card Player: Poker Strategy: Myths And Misconceptions About Game Theory And Solvers
Game Theory was invented by the brilliant mathematician John von Neumann, who also co-authored the first book on the topic with Oscar Morgenstern, an economist. (I actually took a course in Game ...
A researcher has solved a nearly 60-year-old game theory dilemma called the wall pursuit game, with implications for better reasoning about autonomous systems such as driver-less vehicles. 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 ...
New Scientist: Game theory explains why the US's goals in Iran keep changing
The ongoing conflict around the Strait of Hormuz has become a situation in game theory known as a war of attrition. The maths behind it can help explain what's going on, says Petros Sekeris ...
Seeking Alpha: Oil Above $100: Why Game Theory Suggests This Spike Won't Last
The recent US-Israel strikes on Iran have triggered sharp equity declines and surging oil prices, but Game Theory suggests a short-lived conflict. I expect a rapid mean reversion in oil prices and ...
The Conversation: Driving the best possible bargain now isn’t the best long‑term strategy, according to game theory
Driving the best possible bargain now isn’t the best long‑term strategy, according to game theory