Ranked #14 in Game Theory, Ranked #64 in Microeconomics
Why did countries engage in a nuclear arms race? How do we make decisions when we don’t have all the information? What makes international environmental cooperation possible?
Game theory is the study of how we make a decision when the outcome of our moves depends on the decisions of someone else. But it’s not just about predicting your opponent’s next play in a game of chess; conflict and cooperation lie at the heart of game theory, which is useful for understanding behaviour in everything from our social lives to business, global politics to evolutionary theory.
In... more
Game theory is the study of how we make a decision when the outcome of our moves depends on the decisions of someone else. But it’s not just about predicting your opponent’s next play in a game of chess; conflict and cooperation lie at the heart of game theory, which is useful for understanding behaviour in everything from our social lives to business, global politics to evolutionary theory.
In... more