Using game theory to explain how institutions arise naturally to manage limited resources by RIKEN edited by Sadie Harley, reviewed by Robert Egan Editors' notes ...

Since the Cold War, game theory has often been held in almost reverential acclaim for its supposed power to predict people’s actions and decisions (especially within the world of economics).

A simple model developed by a RIKEN researcher and a collaborator predicts the emergence of self-organized institutions that manage limited resources such as fisheries or irrigation water. This ...

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To pass their introductory classes, students at the University of New School Wales spend as much time playing a game as they do studying their textbooks.

America’s problems are simple to diagnose and solve. Let’s stop pretending everything is complex and entertainingly ...