The concept of Nash equilibrium has long served as a cornerstone in game theory, characterising a state where no player can benefit by changing their strategy unilaterally. Recent advancements have ...

7/16/2008 - John Nash. Roger Myerson. Robert Aumann. Eric Maskin. Just some of the quantitative luminaries on hand for the Game Theory Society’s Third World Congress, hosted by the Kellogg School from ...

University economist John Nash GS '50 used his "beautiful mind" on the witness stand at a hearing last week in Gainesville, Fla., the Associated Press reported. Nash, winner of the 1994 Nobel Prize in ...

Game Theory was invented by the brilliant mathematician John von Neumann, who also co-authored the first book on the topic with Oscar Morgenstern, an economist. (I actually took a course in Game ...

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 ...

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 ...

Thomas Produce Sales, a food-distribution company in Nogales, Ariz., is one of many businesses that have had their operations disrupted by the decisions of JPMorgan Chase, Bank of America, Citigroup ...