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

The Foundation Professor title is granted to those whose work in teaching, research and service have made a significant ...

Discover the Dollar Auction game, a fascinating paradox of rational choice theory, where bidding strategies can lead to surprising outcomes. Learn how it challenges logical decisions.

Game theory helps investors predict outcomes in markets where decisions impact each other. Understanding game theory equips investors to strategically anticipate market actions. Game theory-informed ...

Uncertainty and disruption can significantly impact supply chains, and risk response is a means to diminish or circumvent these challenges. Therefore, this investigation aims to assess lead time ...

The growing ubiquity of artificial intelligence (AI) in applications is rapidly changing everyday life, underscoring the need to understand its social intelligence. A new AI study examines the social ...

ABSTRACT: We model the United States-Mexico-Canada Agreement (USMCA) as a cooperative trade game with three national players where Shapley value leads to fair distribution of total trade gains. Based ...

Abstract: The increasing integration of cyber-physical systems (CPS) in critical infrastructures has heightened the importance of ensuring their security against various cyber threats. Game theory has ...

Game Theory, Complex Systems, and Artificial Intelligence (AI) are increasingly pivotal in bringing together diverse methodologies to understand strategic human and economic behaviors. These ...

ABSTRACT: This study is conducted to contribute insights into the literature on the supply chain challenges faced by manufacturing and service sectors research with a specific focus on future research ...