WEST LAFAYETTE, Ind. – New research in game theory shows that people are naturally predisposed to over-use “common-pool resources” such as transportation systems and fisheries even if it risks failure ...

Lucye Rafferty/The Hoya Professor Ariel Rubinstein discusses game theory yesterday in ICC Auditorium. Here’s a problem: you have to share $100 with someone that you don’t know. You must offer to split ...

Explore how backward induction helps solve game theory problems by working from the end backward to determine optimal actions. Learn with practical examples.

Log-in to bookmark & organize content - it's free! FEBRUARY 7, 2002 A Beautiful Mind Sylvia Nasar discussed her book A Beautiful Mind: A Biography of John Forbes Nash, Jr., Winner of the Nobel Prize ...