This article is featured in Bitcoin Magazine’s “The Primary Issue”. Click here to get your Annual Bitcoin Magazine Subscription. Click here to download a PDF of this article. “Economics I think is ...

Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Nash equilibrium is a game theory state where a change in one participant's ...

Roth, A. E. "Risk Aversion and the Relationship between Nash's Solution and Subgame Perfect Equilibrium of Sequential Bargaining." Journal of Risk and Uncertainty 2, no. 4 (December 1989): 353–365.

Bargaining in political contexts encompasses the processes by which actors with divergent preferences and varying degrees of power negotiate to shape collective outcomes. At its core, this field ...

Game theoretic equilibrium analysis 9,10 shows that agents have incentives to coordinate 15 on agreements to avoid sufficiently severe catastrophic damage, but it is of importance to understand how ...

In today’s interconnected global economy, every move counts. Governments, central banks, and multinational firms constantly adjust their strategies, not in isolation, but by anticipating the actions ...

Christina Majaski writes and edits finance, credit cards, and travel content. She has 14+ years of experience with print and digital publications. Robert Kelly is managing director of XTS Energy LLC, ...

This year's Nobel Memorial Prize in Economic Sciences was awarded today to Paul Milgrom and Robert Wilson for their work on auction theory and improvement of auction designs. (See Marginal ...