Using game theory to aid decision making is a natural fit in the business environment. The Cuban missile crisis is frequently cited as an example of the use of game theory. When the Kennedy government ...

Strategic decision making lies at the heart of game theory and market competition research, providing a framework to understand how rational agents interact under conditions of uncertainty and ...

All of life is a sly, byzantine battle of wits in this intriguing if somewhat contrived treatise. Duke business professor McAdams gives a sketchy but engaging rundown of topics in game ...

Bitcoin's decentralized consensus mechanism works based on some cleverly crafted incentive structures. The first and fundamental rule is that the chain with the most work is the correct one. This ...

Strategic management games are developed to provide players with an understanding of the fundamental rules of market activity and business functionality. The activities involved in these games push ...

John Nash Jr., whose life was depicted in the book and Academy Award-winning film A Beautiful Mind, was killed in a car accident along with his wife on May 24. They had just returned from Norway, ...

The United States throwing its weight behind Bitcoin would effect a massive shift in the game theory underpinning Bitcoin, but probably not in the way you think. Bitcoin’s decentralized consensus ...