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

Discover the Dollar Auction game, a fascinating paradox of rational choice theory, where bidding strategies can lead to surprising outcomes. Learn how it challenges logical decisions.

A foundational 1956 study of the concept, focussed on a U.F.O. doomsday cult, has been all but debunked by new research.

New research on chimpanzees is forcing scientists to rethink where the line between human and animal minds really lies. In carefully designed experiments, chimps are not just grabbing at treats or ...

Reduced to its essentials, a worst case scenario for Israel would commence with progressively explicit warnings from Moscow ...

Evaluating the committee's ranking process, and what teams should be most upset over in the final CFP ranking.

The interface between a human being and a volatile market is not a spreadsheet. It is a story. It is 10:30 am on a Tuesday in ...

Get insights on HEICO’s valuation and growth prospects. Discover why its high P/E ratio may be justified and whether the stock is a Hold.

If Nigeria's democracy is to endure, the Senate must rediscover its constitutional spine and backbone. Oversight and interrogation must replace "take a bow" and ovation. Debate must replace deference.

An old Chinese proverb says “It is better to break one finger than to injure ten." It reveals a lot about "free trade" versus "fair trade." ...