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 ...
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 ...
Explore how backward induction helps solve game theory problems by working from the end backward to determine optimal actions ...
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.
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 ...
What if I told you that social media isn’t just a chaotic swirl of memes, trends, and endless scrolling, but a carefully orchestrated battlefield where every post, like, and share is part of a larger ...