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?” ...

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Linear Algebra (e.g. Math 240 or GenEng 205-1), Probability (e.g. ELEC_ENG 302), basic optimization and mathematical maturity. The strategic interactions among multiple agents is a fundamental feature ...

Game theory has long served as a cornerstone in understanding competitive strategies in markets where few firms operate. In particular, duopoly and oligopoly frameworks illustrate how firms’ strategic ...

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 ...

The United Auto Workers strike against Detroit’s Big Three—Ford, General Motors, and Stellantis—escalated into its third week on Friday. Workers at two additional plants operated by Ford and GM walked ...

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 ...

There’s plenty of advice out there for aspiring negotiators, but none of it holds much resonance for the underdog. Harvard scholars will tell you to “control your emotions” and not appear anxious to ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Game theory studies the decision-making and possible outcomes in games. For decades, it has ...

TOPSHOT - President Trump's plan to create a "national bitcoin stockpile" has fueled speculation that other countries will follow suit. Game theory helps explain the logic behind Bitcoin's recent ...