In her book, Reality is Broken (2011), Jane McGonigal speaks to the power of Games and Game Theory to enable us to build more ”immersive realities” that allow us to ”tackle real dilemmas and improve ...
He has taught economics courses on games of strategy, and written books on the subject for students and for the general audience. Here Prof. Dixit explains game theory and its impact on situations ...
Originally developed by John von Neumann to study poker, chess, and other games, game theory analyzes complex situations in which the best strategy of one player depends on the actions of another.
Cooperation and competition have a fitness face off in game theory. Evolutionary games are often visually represented as a payoff matrix (Fig. 1a), in which the payoff for the individual involved ...