Tag: game theory

While some games, like rock-paper-scissors, only work if all payers decide on their actions simultaneously, other games, like chess or ...

In Game Theory, the players typically have to make assumptions about the other players’ actions. What will the other player ...

Game theory is a field of research that is quite prominent in Economics but rather unpopular in other scientific disciplines. ...

Imagine that you and a friend are playing a game in which your goal is to communicate secret messages using ...