To understand how driverless vehicles can navigate the complexities of the road, researchers often use game theory — mathematical models representing the way rational agents behave strategically to ...

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 ...

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 ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Cooperative game theory investigates the strategic formation of alliances among rational agents, focusing on how groups (or coalitions) can jointly achieve benefits that individual players might not ...

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 ...

Pregnancy has long been framed as an evolutionary tug-of-war. The fetus presses for resources, while the mother mounts defenses to limit invasive placentation. A new study in PNAS challenges that view ...

The everyday meaning of “common knowledge” is knowledge held in common, often as an open secret. For example, it is common knowledge that publishers like books that seek, via quirky examples, to ...