A European Union law will require human-understandable explanations for algorithms’ decisions. A team of researchers has found a way to provide that, even for complex calculations.
Trump has vowed to use new bidding procedures to curb the soaring cost of new drugs. There’s a better solution, however, that doesn’t risk also curbing the development of lifesaving treatments.
Are regular bettors and the house helped or hurt when deep-pocketed, high-volume computer-assisted bettors are wagering? Mathematicians used game theory to model this new wrinkle in parimutuel betting.
It helps society function when people punish selfish acts, even at a personal cost. A new theory suggests third-party punishment also confers some benefits on the punisher.
The Nobel Prize winning mathematician made lasting contributions in the fields of game theory and topology. Famously portrayed by Russell Crowe in the movie A Beautiful Mind, he died May 23 at age 86.