Here Prof. Dixit explains game theory and its impact on situations we encounter every day. "If Nash got a dollar for every time someone wrote or said 'Nash equilibrium,'" Dixit has said ...

or Game Theory I (MA301). Familiarity with a rigorous treatment of mathematics (through definitions, theorems and proofs) is expected. Students must know basics of linear algebra (matrix ...

Cooperation and competition have a fitness face off in game theory. Evolutionary games are often visually represented as a payoff matrix (Fig. 1a), in which the payoff for the individual involved ...

Whoever took an economy course has probably stumbled across the Stackelber model that comes from a strategic game theory model. The market scenario that it describes shows two companies.

While game theory has winners and losers, Haar cautioned against considering investing in Bitcoin a zero-sum game. Unlike a fixed pie, where one person’s gain comes at another’s expense, Bitcoin’s ...

Game theory, the study of strategic decision-making, has long been a tool for economists, mathematicians, and political scientists to analyse human behaviour in competitive scenarios.

Can lessons from the prisoner’s dilemma apply to war and conflict? Created with Sketch. Game theory can help clarify the dilemma of cooperation, revealing why “getting along” isn’t as ...

Students must know basics of linear algebra (matrix multiplication ... Concepts and methods of mathematical game theory. Nim and combinatorial games. Congestion games. Games in strategic form, ...