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 ...

The age-old game of strategy, often confined to chessboards and computer screens, is now being employed to tackle real-world threats against societies, economies and infrastructure, according to new ...

The first-mover advantage has allowed Tesla, Inc. to pave the way for its current lineup of electric vehicles. However, it is questionable whether this advantage still exists because market conditions ...

The Iranian/Israeli conflict can be explained as a prisoner’s dilemma, which is the most famous game theory model. In the classic prisoner’s dilemma game, there are two players who do not cooperate.