Ever wonder how nodes are incentivized in a blockchain to ensure trust, consensus and cooperation in a system with no central authority? The answer lies in game theory, the mathematical study of ...
As we approach the fantasy playoffs, it’s a good time to revisit the ideas of Optimality and Game Theory. In Optimality, you’re always striving for the best possible outcome at the least possible cost ...
Mathematics of Operations Research, Vol. 43, No. 1 (February 2018), pp. 100-129 (30 pages) We furnish conditions on the primitives of a Bayesian game that guarantee the existence of a Bayes-Nash ...