To understand how driverless vehicles can navigate the complexities of the road, researchers often use game theory — mathematical models representing the way rational agents behave strategically to ...

TOPSHOT - President Trump's plan to create a "national bitcoin stockpile" has fueled speculation that other countries will follow suit. Game theory helps explain the logic behind Bitcoin's recent ...

Game theory is a mathematical framework that helps explain decision-making in strategic situations. Cryptocurrencies, like Bitcoin (BTC), have become a popular subject for game theorists due to their ...

Ever wonder how nodes are incentivized in a blockchain to ensure trust, consensus and cooperation in a system with no central authority? The answer lies in game theory, the mathematical study of ...

Breakthroughs, discoveries, and DIY tips sent every weekday. Terms of Service and Privacy Policy. Three slices of fresh apple pie sit on the kitchen counter, and you ...

The original version of this story appeared in Quanta Magazine. Imagine you had a friend who gave different answers to the same question, depending on how you asked it. “What’s the capital of Peru?” ...

As we approach the fantasy playoffs, it’s a good time to revisit the ideas of Optimality and Game Theory. In Optimality, you’re always striving for the best possible outcome at the least possible cost ...

A researcher has solved a nearly 60-year-old game theory dilemma called the wall pursuit game, with implications for better reasoning about autonomous systems such as driver-less vehicles. To ...

As you start on this article,look around; you’re likely surrounded by poker players, if not one already yourself. What’s with this poker frenzy among traders? Adrenaline rushes aside, this seemingly ...