Explore how backward induction helps solve game theory problems by working from the end backward to determine optimal actions ...

Discover how the Matching Pennies game illustrates strategic decision-making and Nash Equilibrium in game theory, with insights on payoff dynamics and asymmetric strategies.

Game theory is an area of applied mathematics that deals with how participants use strategies and logical reasoning to make decisions in strategic situations like games. Game theory and Artificial ...

Every Friday, A.V. Club staffers kick off the weekend by taking a look at the world of gaming, diving in to the ideas that underpin the hobby we love with a bit of Game Theory. We’ll sound off in the ...

There is now one game to rule them all. Any two-player interaction – which means anything from international disputes to childhood stand-offs – can be analysed using a unified theory of games.

The word theory evokes images of Isaac Newton and Aristotle, and as physics has gravity and playwrights have catharsis, roleplaying has its own intrinsic element: GNS Theory. According to Brad Davies ...