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

Discover how the Centipede Game illustrates conflict between self-interest and mutual benefit, as well as why real-world ...

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 meet ...

In a recent artificial intelligence (AI) machine learning breakthrough in game theory, researchers solve a persistent problem with real-world applicability—for the better. At last month’s 34th ...

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 ...

We explain what game theory actually is in simple terms. It studies decisions where outcomes depend on what others do. The problem is that it assumes people are always selfish and logical. In real ...