Articles on game theory

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Game theory needs to evolve to make sense of the complexity of what drives us to cooperate. from www.shutterstock.com

New take on game theory offers clues on why we cooperate

Recent research suggests a new way to look at the famous prisoner's dilemma and how the results could help us better understand human behavior and encourage cooperation.
There’ll be a lot of strategic thinking going into the vote during the Liberal leadership spill. AAP

Game (theory) of thrones in the Liberal leadership spill

How might Liberal MPs vote in the upcoming leadership spill? The answer to that question is vastly more complicated than it might seem. Ostensibly, they will be voting for the best political leader amongst…
Parramatta Eels player Jarryd Hayne when he announced he was quitting the NRL to pursue an NFL career in the US. AAP Image/Paul Miller

Jarryd Hayne’s code-shift and the ‘unscrupulous diner’ in NRL

Former Parramatta and Australia fullback Jarryd Hayne is in the United States trying to swap his National Rugby League (NRL) colours for a chance to play in the National Football League (NFL). A two-time…
What negotiating tactics did Republican Speaker John Boehner employ in trying to outflank the Democrats in the standoff over the US government shutdown and debt ceiling? EPA/Michael Reynolds

Coming out on top: negotiation theory and the US government shutdown

The end of the two week-long US government shutdown appears imminent, and a temporary lift to the American debt ceiling is in place. But what do we know about the various theories of negotiation that underpinned…
Consumers are excited about the launch of the iPhone 5S - but the pricing game means bargains are unlikely. AAP

In the game of iPhone pricing, consumers are the losers

Game theory is a branch of strategic decision making that tries to predict how players in any strategic game are likely to act. It can be applied in many situations and it can also help to explain what…

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