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 ...

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 ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

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 ...

Physicist Albert Einstein famously posited that if he only had an hour to crack a daunting problem, he'd devote 55 minutes to ...

There’s plenty of advice out there for aspiring negotiators, but none of it holds much resonance for the underdog. Harvard scholars will tell you to “control your emotions” and not appear anxious to ...

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 ...

Branislav L. Slantchev, PhD, professor of political science at UCSD and a Solana Beach resident, provided his insights on the ...