Brian Fite is a 35-year-old professional poker player and coach. He has been playing poker full-time for more than 14 years and along the way has developed a deep understanding of the game and all ...

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 ...

Nash equilibrium lies at the heart of game theory, representing a condition in which every participant chooses a strategy that optimises their individual outcome given the strategies of the others.

WEST LAFAYETTE, Ind. – New research in game theory shows that people are naturally predisposed to over-use “common-pool resources” such as transportation systems and fisheries even if it risks failure ...

Non-cooperative game theory is often associated with strategic standoffs and rational self-interest. Yet beneath the surface lies a powerful tool for understanding how independent decisions can still ...