A game theory-inspired model shows how the areas around train doors become crowded at rush hour. The model could eventually be used as a tool for designing safer public venues. When two parties ...

The world continues to reel from the pandemic and, among many other things, the shortage of medical supplies that has resulted. Yes, the world has experienced natural disasters, but they are typically ...

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

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 ...

Game theory helps investors predict outcomes in markets where decisions impact each other. Understanding game theory equips investors to strategically anticipate market actions. Game theory-informed ...

The growing ubiquity of artificial intelligence (AI) in applications is rapidly changing everyday life, underscoring the need to understand its social intelligence. A new AI study examines the social ...

Anna Nagurney does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...