Game theory was born to deal with interdependence: situations where what I do depends on what you do, and what you do depends on what I do. That, of course, would cover almost all situations. For ...

Game theory is the study of how players strategize and make decisions. It's a way to model scenarios in which conflicts of interest exist among the players.

Game theory and economics show how to steer evolution in a better direction Date: November 16, 2021 Source: PLOS Summary: Human behavior drives the evolution of biological organisms in ways that ...

The prisoner's dilemma describes a situation in which two parties act on an incentive to protect themselves at the expense of ...

In “Hate the Game: Economic Cheat Codes for Life, Love, and Work,” economist Daryl Fairweather has some ideas about how to get ahead.

When robots work safely with humans, they can provide clear benefits. Industries facing labor shortages, such as elder care, could see relief. Physically demanding jobs might also become safer for ...

Applications of game theory to moral philosophy are impeded by foundational issues and troublesome examples. In the first part of this paper, questions are raised about the appropriate ...