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 ...
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 ...
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How Game Theory Explains Life’s Tough Choices
The curious minds at Aperture apply game theory to life’s hardest decisions and show how strategy governs human behavior. Popular 1980s actor Loni Anderson of the hit TV series ‘WKRP in Cincinnati’ ...
A game theory-inspired model shows how the areas around train doors become crowded at rush hour. The model could eventually be used as a tool for designing safer public venues. When two parties ...
Moshe Hoffman is a research scientist at the Max Planck Institute for Evolutionary Biology, and Erez Yoeli is a research scientist at MIT’s Sloan School of Management, where he directs the Applied ...
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