What does it mean to behave rationally? This question sounds like a problem for philosophers. Yet mathematicians also have something to say about it. In the last few decades, game theory—the ...

In order to get our brains ready for the regular NFL season, so far we’ve covered cognitive biases that can plague your decision making and problems with how we figure out what value is in fantasy ...

Game theory helps investors predict outcomes in markets where decisions impact each other. Understanding game theory equips investors to strategically anticipate market actions. Game theory-informed ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Game theory studies the decision-making and possible outcomes in games. For decades, it has ...

Avinash Dixit, John J. F. Sherrerd '52 University Professor of Economics at Princeton University, is John Nash's colleague and friend. He has taught economics courses on games of strategy, and written ...