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 ...

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 ...

In the realm of politics, where strategy purveys the landscape, game theory illumines the motivations, choices and consequences that shape governance and electoral processes. At its core ...

This principle is the cornerstone of Bitcoin 's game theory. The system is stable only if at least 50% of the miners are motivated to remain honest, a scenario that has held true since 2009.