The paper gives a brief survey of the origins of game theory. The author argues that the game theory of von Neumann and Morgenstern should be seen as an attempt to formulate more realistic behavioral ...

The place of the economist John Nash in the pantheon of "greats" in game theory, and economics in general, is not based on the development of powerful new mathematical methods but rather on some ...

THIS book is based on the theory that the economic man attempts to maximize his share of the world's goods and services in the same way that a participant in a game involving many players attempts ...

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 ...

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.

Welcome to our series on economic theories that are changing the way we think. Today, Partha Gangopadhyay explains game theory.

Mathematician John Nash, who died on Saturday, May 24, left a lasting contribution to our understanding of Game Theory.

John Cassidy writes about why John Nash’s work on game theory became so central to the study of economics, and about what it can and cannot predict.

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.

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, ...