Colin Camerer is the Robert Kirby Professor of Behavioral Economics at the California Institute of Technology. He earned a Ph.D. from the University of Chicago in 1981 and worked at the Kellogg School ...

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 ...

We examine a supply chain with a single supplier and multiple retailers to predict retailers’ actual ordering behaviors. If retailer orders exceed supplier capacity, a proportional rationing rule ...

Throughout their everyday lives, humans are typically required to make a wide range of decisions, which can impact their well-being, health, social connections, and finances. Understanding the human ...

Large language models (LLMs) – the advanced AI behind tools like ChatGPT – are increasingly integrated into daily life, assisting with tasks such as writing emails, answering questions, and even ...

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 ...