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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.
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Why does the Chair of the Federal Reserve believe there won’t be another financial crisis in our lifetimes?
EPA/Facundo Arrizabalaga
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.
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In this month's episode of The Anthill, we are playing games – computer games, grammar games and real life games, too.
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Five principles of bargaining to help you understand what’s going on in the Brexit negotiations.
Can an algorithm explain itself?
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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
February 19, 2017
Siobhan McHugh , University of Wollongong ; Bronwyn Hinz , Victoria University ; Dallas Rogers , University of Sydney ; Dominic Kelly , La Trobe University ; Euan Ritchie , Deakin University ; Gail Alvares , Telethon Kids Institute ; Richard Holden , UNSW Sydney , and Will J Grant , Australian National University
The Conversation asked eight authors from across its sections to tell us about their favourite podcasts – and why you should tune in.
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Going round in circles can actually make your journey more efficient.
Why are drugs so pricey?
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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.
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Nobel Prize winner Thomas Schelling will be recognised for his little-known comments that sparked behavioural economics.
Fighting it out.
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Britain will continue negotiating the terms of its relationship with Europe, whatever the outcome of its referendum.
Are the odds in favor of big computer-assisted bettors?
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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.
Standing up for what’s right can come with a cost to the individual – but also a benefit.
Michael Fleshman
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.
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The Prisoner’s Dilemma suggests that in the long run it’s a better strategy to give generously.
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We need to find a way to break through the potentially disastrous stalemate wherever everyone waits for someone else to clear up the junk in orbit.
Game theory has a fascinating connection with poker.
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Game theory - making the best decision based on predicting those of others - is connected with both poker and George Orwell.
Surfaces like this are able to be described thanks to the work of Nash.
Hevea Project
John Nash is best known for his contributions to game theory, but he will also be remembered for his pioneering work in geometry.
John Nash, May 2015.
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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.
The Nash bargaining solution was a seminal contribution to Game Theory.
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Mathematician John Nash, who died on Saturday, May 24, left a lasting contribution to our understanding of Game Theory.