The concept of Nash equilibrium has long served as a cornerstone in game theory, characterising a state where no player can benefit by changing their strategy unilaterally. Recent advancements have ...

Discover the legacy of John Nash, the Nobel Prize-winning mathematician behind the Nash Equilibrium and a key figure in game theory and mathematical innovation.

WEST LAFAYETTE, Ind. – New research in game theory shows that people are naturally predisposed to over-use “common-pool resources” such as transportation systems and fisheries even if it risks failure ...

Lucye Rafferty/The Hoya Professor Ariel Rubinstein discusses game theory yesterday in ICC Auditorium. Here’s a problem: you have to share $100 with someone that you don’t know. You must offer to split ...

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John F. Nash Jr. is widely known as the subject of the Oscar-winning film “A Beautiful Mind,” but his contributions to the advancement of human knowledge are far greater. Nash paved the way for game ...

Our November Insights puzzle set out three scenarios exploring how competition and cooperation are modeled in game theory and how they might actually interact in modifying the equilibrium between two ...