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 ...

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

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 ...

The absence of a meaningfully coordinated defense might have been predicted from the “prisoner’s dilemma,” a classic game-theory framework that reveals why rational actors often fail to ...

The main reason why tax incentives for players aren’t an effective tool is what University of Central Arkansas economics professor Jacob Bundrick describes as a “prisoner’s dilemma.” ...