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 ...

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 ...

Buddhist monks and family members of victims of the Fukushima tsunami and earthquake face the sea to pray on March 11, 2016 while mourning the victims of the March 11, 2011 disaster. REUTERS/Kyodo The ...

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 ...

Employing a game theory model, researchers demonstrate how strategic decisions influence the environment in which those decisions are made, alterations which in turn influence strategy. Their analysis ...

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 devastation by Hurricane Harvey continues, with the National Weather Service calling the event unprecedented, thus making the response even more complicated. Nearly half a million people are ...

Know your enemy, the saying goes. But when it comes to cyberattacks, a game theory model suggests that just knowing the perpetrator and pointing the finger at them might not be the best tactic, and ...

Avinash Dixit, John J. F. Sherrerd '52 University Professor of Economics at Princeton University, is John Nash's colleague and friend. He has taught economics courses on games of strategy, and written ...