The paper gives a brief survey of the origins of game theory. The author argues that the game theory of von Neumann and Morgenstern should be seen as an attempt to formulate more realistic behavioral ...

Roth, Alvin E. "The Economist As Engineer: Game Theory, Experimental Economics and Computation As Tools of Design Economics." Econometrica 70, no. 4 (July 2002): 1341–1378.

So you’re standing at the edge of a cliff, chained by the ankle to someone else. You’ll be released, and one of you will get a large prize, as soon as the other gives in. How do you persuade the other ...

Human behavior drives the evolution of biological organisms in ways that can profoundly adversely impact human welfare. Understanding people’s incentives when they do so is essential to identify ...

Human behavior drives the evolution of biological organisms in ways that can profoundly adversely impact human welfare. Understanding people's incentives when they do so is essential to identify ...

This is part of our “Econ Extra Credit” project, where we read an introductory economics textbook provided by the nonprofit Core Econ together with our listeners. Robots are doing their part during ...

Dr. Huizhong Zhou is a professor in the Department of Economics at Western Michigan University. Zhou teaches microeconomics, managerial economics and industrial organization at the undergraduate, ...