Understanding Backward Induction in Game Theory: Process and Examples

Explore how backward induction helps solve game theory problems by working from the end backward to determine optimal actions ...

Centipede Game in Game Theory: Rules & Real-World Implications

Discover how the Centipede Game illustrates conflict between self-interest and mutual benefit, as well as why real-world ...
The Economist

How games and game theory have changed the world

Playing with Reality: How Games Shape Our World. By Kelly Clancy. Riverhead Books; 368 pages; $30. Allen Lane; £25 In 1824 Prince Wilhelm of Prussia asked for a demonstration of an elaborate game he ...
Forbes

Game Theory In Blockchain: The Invisible Hand Of Decentralized Trust

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 ...
AV Club

Game Theory: You don't need to wait to play Hades II just because it's in "Early Access"

Every Friday, A.V. Club staffers kick off the weekend by taking a look at the world of gaming, diving in to the ideas that underpin the hobby we love with a bit of Game Theory. We’ll sound off in the ...