Explore how backward induction helps solve game theory problems by working from the end backward to determine optimal actions ...

Discover how mechanism design theory uses incentives and game theory to achieve desired outcomes in economics and businesses while overcoming self-interest challenges.

Game theory helps investors predict outcomes in markets where decisions impact each other. Understanding game theory equips investors to strategically anticipate market actions. Game theory-informed ...

Game theory applications have increasingly become central to understanding and enhancing security measures and effective resource allocation in complex, real-world scenarios. By framing strategic ...

What does it mean to behave rationally? This question sounds like a problem for philosophers. Yet mathematicians also have something to say about it. In the last few decades, game theory—the ...

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 ...

7/16/2008 - John Nash. Roger Myerson. Robert Aumann. Eric Maskin. Just some of the quantitative luminaries on hand for the Game Theory Society’s Third World Congress, hosted by the Kellogg School from ...

The Foundation Professor title is granted to those whose work in teaching, research and service have made a significant ...