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

But what does game theory look like in practice? What kinds of ‘games’ fall under this concept, and how do they enhance our understanding of strategic behavior in real-life situations? In this article ...

Thank Goodness You’re Here! is a hard game to describe—except to say that it’s the best comedy game we’ve played in the last few years. Created by Will Todd and Jason Carbutt—who, along with an ...

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 ...

Aden Carter is a contributor for XDA with a focus on gaming. He has spent the last five years guiding players through their favorite games and offering his opinions on the biggest gaming topics. When ...

The game theory of Bitcoin and cryptocurrencies analyzes the behavior and strategies of participants in the market using concepts such as the prisoner’s dilemma. Game theory is a mathematical ...

TOPSHOT - President Trump's plan to create a "national bitcoin stockpile" has fueled speculation that other countries will follow suit. Game theory helps explain the logic behind Bitcoin's recent ...

The authors do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their ...