Linear Algebra (e.g. Math 240 or GenEng 205-1), Probability (e.g. ELEC_ENG 302), basic optimization and mathematical maturity. The strategic interactions among multiple agents is a fundamental feature ...
But what does game theory look like in practice? What kinds of ‘games’ fall under this concept, and how do they enhance our understanding of strategic behavior in real-life situations? In this article ...
As you start on this article,look around; you’re likely surrounded by poker players, if not one already yourself. What’s with this poker frenzy among traders? Adrenaline rushes aside, this seemingly ...
The authors do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their ...
Cooperative game theory is often seen as a numbers-driven discipline rooted in mathematics. Yet beyond the equations lies a powerful framework, particularly in macroeconomics, for understanding how ...