A leading economist explains why game theory has become so important in economics, and how Jane Austen anticipated its results a mere 200 years ago.

For example, what distinguishes game theory, and economics generally, from other social science approaches is its emphasis on individual choice. That’s how economists explain behavior.

Thomas C. Schelling and Robert Aumann are co-winners of the 2005 Nobel Prize in Economics. The two worked independently to apply game theory to social and political problems. Robert Siegel speaks ...

Game theory and insights from cognitive psychology can shed light on the economic choices people and corporations make. With more than 2.5 million observations to analyze -- as well as a ...

Karl Borch, Economics and Game Theory, The Swedish Journal of Economics, Vol. 69, No. 4 (Dec., 1967), pp. 215-228 ...

To gauge game theory’s future, Myerson, an economist at the University of Chicago who was a member of the Kellogg School’s Managerial Economics and Decision Sciences Department from 1976 until 2001, ...

Game theory can also be seen as the application of econo-think to non-monetary aspects of life. There’s nothing economists like better than to show how someone who seems to be behaving irrationally, ...

Economics "A Multiplayer Game Environment Is Actually a Dream Come True for an Economist" The in-house economist for the company behind Half-Life and Portal explains what video games can teach us.