Discover how game theory strategies improve decision-making in business, finance, and economics. Enhance your analytical skills with real-world applications.

Last week, Vladimir Putin vowed to make new nuclear weapons and consider placing them close to NATO countries. Meanwhile, here in the US, the... The game theory that led to nuclear standoffs Last week ...

Forbes contributors publish independent expert analyses and insights. I am an attorney specializing in sports, litigation, and labor and employment. As I have previously written, the Tour de France is ...

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 ...

Quantum game theory represents an emerging interdisciplinary field that extends the classical paradigms of game theory into the quantum domain. By utilising principles of quantum mechanics—such as ...

Cooperative game theory provides a robust framework for analysing how rational players can form coalitions and fairly distribute joint payoffs. Traditionally, this field has focused on transferable ...