If you can predict your opponent’s moves, your chances of success improve dramatically. This applies to gaming as well as business and finance. (Envato Elements pic) Game theory was coined in 1944 to ...

Game Dev Tycoon is a game that gives the players a sense of the hype and crunch that comes along with developing a game in the modern world. Although it does not have stellar graphics or ...

Playing with Reality: How Games Shape Our World. By Kelly Clancy. Riverhead Books; 368 pages; $30. Allen Lane; £25 In 1824 Prince Wilhelm of Prussia asked for a demonstration of an elaborate game he ...

In 1824 Prince Wilhelm of Prussia asked for a demonstration of an elaborate game he had heard about from his military tutor. The Kriegsspiel, or war game, had been devised a few decades earlier as a ...

In rock-paper-scissors, the ideal strategy is simple: You should play a random move each round, choosing all three ...

Quantum game theory represents an emerging interdisciplinary field that extends the classical paradigms of game theory into the quantum domain. By utilising principles of quantum mechanics—such as ...

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 ...

In their new book, Hidden Games, MIT economists Moshe Hoffman and Erez Yoeli find a surprising middle ground between the hyperrationality of classical economics and the hyper-irrationality of ...