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 ...

At first glance, it seems strange to think that math used for describing business competition, fighting terrorists and playing poker would also have anything to do with the origin of life. But you ...

The State University of New York at Stony Brook (Stony Brook University) was announced as host to the Eighth World Congress of the Game Theory Society. The Congress will take place from July 17 – 21, ...

But what does game theory look like in practice? What kinds of ‘games’ fall under this concept, and how do they enhance our understanding of strategic behavior in real-life situations? In this article ...

Differential game theory examines the strategic interactions among multiple decision‐makers whose actions evolve continuously over time, typically represented by systems of differential equations.

(Phys.org) -- Imposing trade restrictions on parallel imports has the surprising effect of motivating a firm to export, according to a new study using game theory economic analysis. (AP) -- Sony Corp.