The growing ubiquity of artificial intelligence (AI) in applications is rapidly changing everyday life, underscoring the need to understand its social intelligence. A new AI study examines the social ...
Discover the legacy of John Nash, the Nobel Prize-winning mathematician behind the Nash Equilibrium and a key figure in game theory and mathematical innovation.
The study of rationality and game theory explores the intricate processes through which individuals make decisions in environments of strategic interdependence. At its core, game theory provides a ...
Imagine a town with two widget merchants. Customers prefer cheaper widgets, so the merchants must compete to set the lowest price. Unhappy with their meager profits, they meet one night in a ...
Researchers have demonstrated that intensified environmental variability (EV) can promote the evolution of cooperation through simulation based on evolutionary game theory. This result offers a new ...
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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