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game theory

Do Companies Throw Hail Marys?

July 2, 2023

In most sports, the losing team starts taking bigger and bigger risks as time runs out. In football, the Hail Mary play is a last-ditch … [Read more...] about Do Companies Throw Hail Marys?

Tags - economics, Finance, game theory, Risk-Shifting

The Best Offense is a Good Defense

May 9, 2022

game theory is often applied to studies of nuclear weapons

The Case Against Bomb Shelters The nuclear standoff between the United States and the Soviet Union during the Cold War will surely go down as one of … [Read more...] about The Best Offense is a Good Defense

Tags - economics, game theory, statesmanship

The Economics of Love

February 14, 2022

When I saw that my next blog post was going to post on Valentine's Day, I asked myself the question: "What can economics tell us about love?" I know, I … [Read more...] about The Economics of Love

Tags - economics, game theory, Valentine's Day

Nash Equilibrium: Seeing the Forest Through the Trees

October 4, 2021

The Nash equilibrium is the most common way to define the solution of a non-cooperative game involving two or more players.

Around the 1940s and 1950s, a defining moment in the development of economic thought was underway, led by academics such as Paul Samuelson and John … [Read more...] about Nash Equilibrium: Seeing the Forest Through the Trees

Tags - economics, game theory, Nash equilibrium, price

How to Take Over the World using Game Theory

March 1, 2021

Long before Rome was that vast and magnificent empire which occupies a prominent place in the modern public imagination, it was once only one of many … [Read more...] about How to Take Over the World using Game Theory

Tags - economics, game theory, microeconomics

What can game theory tell us about presidential elections?

October 31, 2020

game theory and the 2020 presidential election insights

Every four years, Americans get to witness a special kind of political spectacle: presidential elections. The US elections have two interesting features … [Read more...] about What can game theory tell us about presidential elections?

Tags - economics, game theory, joe biden, median voter theorem, presidential election

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  • I C Evolution
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