Nash equilibrium helps predict other investors' moves; no net gain by altering your long-term strategy. A dominant strategy excels regardless of others' actions, aiding investment decisions. Using ...

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 ...

Five years ago, the first price-comparison Web sites were being hailed as heaven on earth for penny pinchers and the fast track to Hell for online merchants who failed to establish and protect a ...

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 ...

Brian Fite is a 35-year-old professional poker player and coach. He has been playing poker full-time for more than 14 years and along the way has developed a deep understanding of the game and all ...

First of all, great innovators have a mission that drives innovation from the top. Amazon CEO Jeff Bezos has spent nearly half of his life inventing and revolutionizing e-commerce. Alphabet founders ...