The Secret Network
It’s hard to deny that our generation is becoming increasingly connected through a variety of technological outlets. All of the technological outlets have a unique network of communications at their core, and connections in different technological outlets do not necessarily indicate the same type of relationship. Texting somebody doesn’t necessarily mean you would call him […]
Game Theory in Practice
Computer aided models that use the basics of game theory to construct algorithms are used by economist and politicians to predict how events unfold in response to the society acting in their best interest. In this mathematical model, specific values are assigned to goals, motivations and influences (both to and from the players). The computer […]
Fluid Nexus: A Continuously Changing Network
Throughout the first few lectures of this course, we have focused on graph theory, focusing on its application in friendship networks. One interesting aspect of this approach was that we considered these networks to be fixed (stable), without considering their change with respect to time. In fact, it is easy to imagine that a friendship […]
Game Theory Applied to Crunch Time in Basketball
Game Theory in Basketball This paper was written by a few students at the University of California – Berkley as a final paper for their game theory class. It is particularly interesting because it applies game theory to late game decisions of NBA teams, marrying my love of basketball to key game theory concepts discussed […]
Facebook’s Role in the Aftermath of 9/11
We are constantly being reassured that our country will recover through newfound strength, pride, and innovation… but how long will that take? With the ten-year anniversary of 9/11 and the many terrorist precautions being taken all over the country, I find myself thinking about the drastic social changes that have taken place over the last […]
iPhone network provider?
Cellphones are a cultural phenomenon in the developed world. Scarcely are there people without them, and as we progress further in time, even the youngest of us have them. By subscribing to this phenomenon, we are all involved in an intricate game. This article is from earlier in the year, addressing competition between AT&T and […]
Fantasy Of The Optimal Auction: Vickrey Auction
Vickrey Auction, also called Second Price Sealed-bid, is a special type of auction, in which the highest bidder wins and he or she pays the second highest price. Some people call it the most honest auction because, in theory, it is always the best choice for bidders to be truthful of what they think of […]
Perfect Match?
www.ntu.edu.sg/home/ningc/paper/icalp09.pdf Just look at the first web page of eharmony and the same phrase is shoved in your face. “The Perfect Match”. eHarmony, match.com, chemistry.com, and the multitude of other dating sites on the internet all have the exact same goal- to pair you with another person that you are compatible with. Of course it […]
The power of the Facebook database: tailoring advertising to each individual consumer.
http://www.haaretz.com/news/national/game-theory-1.378442 This article details the rise of a new model of marketing and advertising where companies use Facebook’s database of user information to provide customized advertising to each customer, suiting each individual’s preferences and desires. A small advertising company in Israel named Adotomi recently has gained admission into the select list of companies that are […]
Prisoner’s Dilemma Present in Hungarian Bank Strategies
Over the last couple weeks we have been discussing the fundamentals of game theory. Game theory is the study of situations in which decision-makers interact with one another, and in which each participants payoffs are not solely based on his or her decisions but on the decisions made by all of the players in the game. One of the […]
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