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 ...

All the world’s a game, and all the men and women merely decision-makers interacting at varying degrees of rationality. Justin Grana plays several parts: A Santa Fe Institute researcher, an economist, ...

Coming upon the term "game theory" this week, your first thought would likely be about the Winter Olympics in Sochi. But here we're going to discuss how game theory applies in economics, where it's ...

Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a degree in accounting and finance from DePaul University. Game theory was once hailed as a revolutionary ...

Arthur Chu, Jeopardy's latest and greatest star, has been everywhere since we covered his unorthodox tactics late last week. Between his out-of-order Daily Double hunting, his all-or-nothing approach ...

If natural selection is survival of the fittest, why isn't everything a competition? Cooperation and competition have a fitness face off in game theory. Evolutionary games are often visually ...

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 ...

A new interactive web application allows for a tangible understanding of abstract concepts of quantum game theory. The Kobe ...