Cooperative game theory is often seen as a numbers-driven discipline rooted in mathematics. Yet beyond the equations lies a powerful framework, particularly in macroeconomics, for understanding how ...

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 ...

In most negotiations, people assume success comes from persuasion or compromise at the table. But those who understand game theory know the real strategy starts long before the first conversation.

Game theory has long served as a cornerstone in understanding competitive strategies in markets where few firms operate. In particular, duopoly and oligopoly frameworks illustrate how firms’ strategic ...

Thomas Schelling and Robert Aumann have won the 2005 Nobel Prize in Economics. Alex Chadwick talks to Tess Vigeland of Marketplace about the two men, who were recognized for their contributions to ...

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 ...

What if I told you that social media isn’t just a chaotic swirl of memes, trends, and endless scrolling, but a carefully orchestrated battlefield where every post, like, and share is part of a larger ...