News

The concept of Nash equilibrium has long served as a cornerstone in game theory, characterising a state where no player can benefit by changing their strategy unilaterally. Recent advancements have ...
Mathematics of Operations Research, Vol. 43, No. 1 (February 2018), pp. 100-129 (30 pages) We furnish conditions on the primitives of a Bayesian game that guarantee the existence of a Bayes-Nash ...
This is a preview. Log in through your library . Abstract This paper studies the existence of pure-strategy Nash equilibria for nonatomic games where players take actions in infinite-dimensional ...
What does it mean to behave rationally? This question sounds like a problem for philosophers. Yet mathematicians also have something to say about it. In the last few decades, game theory—the ...
Avinash Dixit, John J. F. Sherrerd '52 University Professor of Economics at Princeton University, is John Nash's colleague and friend. He has taught economics courses on games of strategy, and written ...
Nash equilibrium helps predict other investors' moves; no net gain by altering your long-term strategy. A dominant strategy excels regardless of others' actions, aiding investment decisions. Using ...
In a recent artificial intelligence (AI) machine learning breakthrough in game theory, researchers solve a persistent problem with real-world applicability—for the better. At last month’s 34th ...
“All in.” Your opponent slides a stack of chips across the high-stakes poker table. You glance back at your cards, a pair of sixes. The game is Texas Hold’em. Only two of you remain, and no community ...