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 ...
Garys Economics on MSN
The assumptions that broke game theory
Game theory assumes rational decision-making under clear incentives. Modern systems are shaped by emotion, identity, and ...
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 ...
Game Theory is a topic that I have applied many times as a startup. If you are not familiar, Game theory is a study of strategic decision making, and is applied in many ways without people knowing it.
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