Here Prof. Dixit explains game theory and its impact on situations we encounter every day. "If Nash got a dollar for every time someone wrote or said 'Nash equilibrium,'" Dixit has said ...

Cooperation and competition have a fitness face off in game theory. Evolutionary games are often visually represented as a payoff matrix (Fig. 1a), in which the payoff for the individual involved ...

Game theory, the study of strategic decision-making, has long been a tool for economists, mathematicians, and political scientists to analyse human behaviour in competitive scenarios.

While game theory has winners and losers, Haar cautioned against considering investing in Bitcoin a zero-sum game. Unlike a fixed pie, where one person’s gain comes at another’s expense, Bitcoin’s ...

In the realm of politics, where strategy purveys the landscape, game theory illumines the motivations, choices and consequences that shape governance and electoral processes. At its core ...