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 ...
Countries where democracy is in trouble share a common pattern, and it’s a worrying one for the United States. Credit...Photo illustration by Ricardo Tomás Supported by By Amanda Taub Amanda Taub ...
Explore how backward induction helps solve game theory problems by working from the end backward to determine optimal actions ...
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 ...
Each side must predict how the other will react to avoid mutual destruction. By Amanda Taub Reporting from London For years, the conflict between Israel and Iran had unofficial but fairly clear rules, ...
Discover how the Centipede Game illustrates conflict between self-interest and mutual benefit, as well as why real-world ...
The authors do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their ...