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Applications of game theory to moral philosophy are impeded by foundational issues and troublesome examples. In the first part of this paper, questions are raised about the appropriate ...
I'm a microeconomist by training and use the economic theory of games throughout most of my research program. Game theory is used as a tool for economic analysis whenever two or more players ...
Game theory and economics show how to steer evolution in a better direction Date: November 16, 2021 Source: PLOS Summary: Human behavior drives the evolution of biological organisms in ways that ...
The researchers take the mathematical model further by implementing game theory, which analyzes how individuals’ decisions are interconnected and can impact each other – such as physicians in ...
Lloyd Shapley GS ’53, a noted game theory scholar and professor emeritus at the University of California, Los Angeles, was awarded the Sveriges Riksbank Prize in Economic Sciences in Memory of ...
One of the most important ideas in game theory – something taught in undergraduate economics classes around the world – is thinking about the “equilibrium” of a game.
In its negotiations on the two key infrastructure bills, Congress members are utilizing the classic economic concept of game theory to outmaneuver one another. We look at what this federal ...