Let the physical basis of a social economy be given— or, to take a broader view of the matter, of a society. According to all tradition and experience human beings have a characteristic way of ...

At first glance, it seems strange to think that math used for describing business competition, fighting terrorists and playing poker would also have anything to do with the origin of life. But you ...

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 ...

A recent solution to the prisoner’s dilemma, a classic game theory scenario, has created new puzzles in evolutionary biology. Press and Dyson’s new solution to the problem, however, threw that rosy ...

Game theory has a fascinating connection with poker. Image sourced from www.shutterstock.com Welcome to our series on economic theories that are changing the way we think. Today, Partha Gangopadhyay ...

Isaac Asimov excelled at predicting the future. In one of his early science fiction stories, he introduced pocket calculators decades before you could buy them at Radio Shack. In a later book, he ...