Discover how game theory strategies improve decision-making in business, finance, and economics. Enhance your analytical skills with real-world applications.

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 ...

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 ...

Game theory is the science concerning the systematizing of strategic conflict and cooperation among rational actors. It was formalized in the mid-40s by the genius polymath John Von Neumann, and then ...

Cooperative game theory provides a robust framework for analysing how rational players can form coalitions and fairly distribute joint payoffs. Traditionally, this field has focused on transferable ...

Why did you decide to pursue this career? I first learned about game theory in high school, before attending university. In Japanese schools, beginning in elementary, junior high, to high school, ...