When consulting with friends about which restaurant to go to for lunch. When a local rival store lowers its prices. When you ...

Prof. Avinash Dixit, John Nash's colleague and friend explains game theory and its impact on situations we encounter every day.

Michael Mandel was not happy with the recent Nobel Prize in Economics that went to Thomas Shelling and Robert Aumann. He writes, In my opinion, however, game theory represents an evolutionary dead-end ...

Forbes contributors publish independent expert analyses and insights. I write about relationships, personality, and everyday psychology. I recently had a revealing conversation with a friend — a 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 ...

Parents are more likely to punish their teen's risky behavior when there are younger kids in the family, driven by a desire to set a strict example for these siblings, says new game theory research ...

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 ...