A game theory-inspired model shows how the areas around train doors become crowded at rush hour. The model could eventually be used as a tool for designing safer public venues. When two parties ...

To understand how driverless vehicles can navigate the complexities of the road, researchers often use game theory — mathematical models representing the way rational agents behave strategically to ...

A new interactive web application allows for a tangible understanding of abstract concepts of quantum game theory. The Kobe University development parallels the emergent dialog found in jazz and ...

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 ...

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 ...

The first-mover advantage has allowed Tesla, Inc. to pave the way for its current lineup of electric vehicles. However, it is questionable whether this advantage still exists because market conditions ...

An international research group has conducted a comprehensive analysis of the bidding strategies that are adopted by bidders in renewable energy auctions based on the constructed preemption game model ...