A cleverly-designed auction can make sure strata-titled apartment blocks are only sold when all of the owners are happy.
It’s not fair to evict people against their will. On the other hand, one holdout shouldn’t be able to derail the sale of an entire strata-titled apartment block. Now an international team has come up with an ingenious solution.
Eva Cornejo Coba/Shutterstock
Banning travel might not always be the best way to respond to a disease outbreak.
A new study shows how even having a few intelligent people in a group can benefit others.
A person, pictured here, donating blood. Blood shortages occur often in the U.S.
AP Photo/Mel Evans
The US is once again experiencing a shortage of blood, a difficult commodity to ship because it is perishable and time-sensitive. Here’s how game theory could help solve the problem.
Economics has led to an explosion in three point shooting in the NBA.
Why are NBA players taking more three pointers, baseball pitchers throwing slower, and soccer player salaries skyrocketing? It all comes down to the economics of sport.
The clock is ticking on Brexit negotiations.
A ‘no deal is a good deal’ strategy needs to be carefully executed.
How do people make complex decisions?
Watching how people play a game against a computer opponent can help identify how humans use – or don’t use – game theory principles to make decisions.
Deleon Gambel, 14, fights the current from the overflow of Buffalo Bayou as he makes his way through floodwaters from Tropical Storm Harvey while checking on neighbors in his apartment complex in Houston, Sunday, Aug. 27, 2017.
AP Photo/LM Otero
The number of natural disasters around the world has doubled since 1980, raising serious questions about how to respond. Here’s how game theory could help.
Put a lamb on an island of lions and they’ll eat it – or will they?
Janet Yellen says another financial crisis is unlikely in our lifetimes.
AAP/ Jim Lo
Why does the Chair of the Federal Reserve believe there won’t be another financial crisis in our lifetimes?
When it comes to difficult negotiations, weakness is strength and strength weakness.
An unverified photo of the ballistic rocket test-fired on May 30 released by North Korea’s Korean Central News Agency.
KCNA via Reuters
Game theory applies to conflict and cooperation within competitive situations.
In this month's episode of The Anthill, we are playing games – computer games, grammar games and real life games, too.
Five principles of bargaining to help you understand what’s going on in the Brexit negotiations.
Can an algorithm explain itself?
Robot decision via shutterstock.com
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.
Wes Mountain/The Conversation
The Conversation asked eight authors from across its sections to tell us about their favourite podcasts – and why you should tune in.
Going round in circles can actually make your journey more efficient.
Why are drugs so pricey?
Spilled pills via www.shutterstock.com
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.
Renowned economist Thomas Schelling celebrates winning the 2005 Nobel Prize in Economics.
Nobel Prize winner Thomas Schelling will be recognised for his little-known comments that sparked behavioural economics.
Fighting it out.
Stefan Rousseau / PA Wire
Britain will continue negotiating the terms of its relationship with Europe, whatever the outcome of its referendum.