Explore the concept of Nash equilibrium, a fundamental theory in strategic decision-making and game theory, and learn its practical applications in various fields.
Discover the essential milestones, life events, and legacy of John Forbes Nash Jr., a pioneer in mathematics and game theory who overcame great personal challenges to leave an enduring impact on multiple scientific fields.
Dive deep into the compelling prisoner's dilemma, a cornerstone of game theory illustrating how individual choices can lead to suboptimal outcomes both in economics and beyond.
Discover the intricacies of zero-sum games, their real-world applications, and comparisons with positive-sum situations. Learn how this important concept affects financial markets, economics, and everyday personal relationships.