Game theory in markets: strategic decision making, from theory to dot-com and crypto bubbles.

The prisoner's dilemma describes a situation in which two parties act on an incentive to protect themselves at the expense of ...

Game theory directly underpinned the idea of “mutually assured destruction” during the nuclear build-up and stand-off of the cold war.

An analysis of a mathematical economic game suggests that even learning from past mistakes will almost never help us optimise our decision-making – with implications for our ability to make the ...

In blockchain, game theory transforms trustless environments into robust ecosystems by designing incentives that reward honesty and punish misconduct.

What economists get wrong about tariff wars The history of global trade challenges Ricardo’s enduring economic theory ...

Opinion Game theory explains why the Liberals lost – and how to win next time Millie Muroi Economics Writer May 9, 2025 — 5.00am Normal text size Larger text size Very large text size View all ...