The original version of this story appeared in Quanta Magazine. Imagine you had a friend who gave different answers to the same question, depending on how you asked it. “What’s the capital of Peru?” ...
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 ...
Paulson, Elisabeth C., Igor Linkov, and Jeffrey Keisler. "A Game Theoretic Model for Resource Allocation Among Countermeasures with Multiple Attributes." European Journal of Operational Research 252, ...
Most game theory models don't reflect the relentlessly random timing of the real world. In a new article, two economists and a physicist model what happens when players receive information or act at ...
This paper combines a survey of existing literature in game-theoretic pragmatics with new models that fill some voids in that literature. We start with an overview of signaling games with a conflict ...
The world continues to reel from the pandemic and, among many other things, the shortage of medical supplies that has resulted. Yes, the world has experienced natural disasters, but they are typically ...
Control theory is the study of how one can use feedback to modify the behavior of a system — such as a robot, vehicle, chemical or biological process, power grid, stock portfolio, or an ecosystem — so ...
Why do people make anonymous donations, and why does the public perceive this as admirable? Scientists have developed a novel game theoretic model that captures these behaviors and enables their study ...
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