The prisoner's dilemma is a game used by researchers to model and investigate how people decide to cooperate—or not. Imagine that Prisoner A and Prisoner B are charged with a crime and detained ...

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VSF plants had previously secured a certain amount of presale orders, and overall industry was at a moderate level, resulting in decent operational data. However, facing sluggish downstream market, ...

Trump's tariffs have thrown markets into chaos, but how will US earnings season be affected? Ian Whittaker lays it out in today's Notebook.

Citations: Roth, Alvin, J. Keith Murnighan. 1978. Equilibrium behavior and repeated play in prisoners' dilemma games. Journal of Mathematical Psychology. (2)189-198.

The Prisoners’ Dilemma is a paradox formalised in the 1950s by two mathematicians, Merrill Flood and Melvin Dresher.It’s game ...

The tariff pause is also a signal—a visible action meant to convey intent. Signaling theory suggests that rational players use costly moves to prove they are serious. Trump’s split strategy (carrots ...

Most days, reruns of a short-lived series, Friend or Foe, are on the TV. I was six years old, and my babysitter loved to watch Game Show Network — unabashedly, so did I. While Friend or Foe was ...

One of the most well-known models in game theory is the prisoner’s dilemma, which highlights a paradox in which decision makers often struggle to cooperate even when it is in their collective ...

The Government of National (GNU) is currently going through a rough patch, with DA leader John Steenhuisen calling for a “reset” in the relationship and activating Clause 19 of the Statement ...