Game Theory in Sprint Cycling
Even though it may not be the most popular sport in the Olympics, sprint cycling is one of the most interesting ones to watch. A sprint match by Chris Hoy during this year’s London Olympics demonstrates this point. As two cyclists begin the race, it seems as if they suddenly decide to cycle in slow-motion. […]
Strong and Weak – Are They Good Enough?
We have discussed the topic of strong and weak ties and their structural properties in social networks: triadic closure, the strong triadic closure property, and bridges. But what about the interpersonal benefits and implications of these perceived strong and weak ties? In Gilbert’s Predicting Tie Strength With Social Media, this question is answered. Weak ties […]
Relevance of Game Theory to Iran-Israel Nuclear Showdown
http://www.israeldefense.com/?CategoryID=483&ArticleID=1663 Israeli Prime Minister Netanyahu is trained in economics, and bases many of his decisions on sound game theory. Israeli policy has often attempted to exploit the predictions of game theory to its advantage. In this article, the historical Israeli usage of “red lines” is cited as such an example. By attempting to convince […]
The Unstable Triangle of Cellular Network Companies
T-Mobile USA, Inc. is a powerful wireless network company headquartered in Bellevue, Washington. However, in recent years, growing competition from other network giants such as Verizon and AT&T has kept T-Mobile on its toes and not lag behind. For the past few years, T-Mobile’s income and assets have been decreasing significantly. What is the problem […]
Treating Cancer with Game Theory
Gene expression is a complex process regulated at several stages: the transcriptional (DNA transcribing into RNA) , the translational (RNA to protein) and the post translational modification (protein modification). A gene regulatory network consists of genes, proteins, other related molecules and their mutual regulatory interactions. The interaction of genes is in effect governed by a compete-and-coexist strategy, much like […]
Animals: The Original Social Networkers
While it’s no surprise to most of us that many animals are very social creatures, you may be surprised to find out just how much their social networks resemble those of Facebook and Twitter. An article from Daily Mail(1) summarizes research done by Dr David Lusseau, of the University of Aberdeen’s School of Biological Sciences in […]
Who Does Your College Think Its Peers Are?
http://chronicle.com/article/Peers-Interactive-Data/134262/ The Chronicle of Higher Education’s article entitled “Who Does Your College Think Its Peers Are?” presents an interesting look on how colleges view each other. Almost 1,600 four year colleges were selected to disclose which other colleges they consider peers. For example, Cornell University, an Ivy-league institution in Ithaca, NY, selected the other seven […]
The market-clearing prices of Lancôme and L’Oréal products
http://thebeautybrains.com/2012/03/22/why-is-lancome-more-expensive-than-loreal/ http://www.amazon.com/review/R1GEER3H6IDIXY/ref=cm_cr_pr_viewpnt#R1GEER3H6IDIXY Lancôme is a popular cosmetics and beauty brand that has customers all over the world. One interesting feature of Lancôme is that it is owned by L’Orêal while both of them also exist as different brands targeting different consumer groups:comparatively, L’Oréal has more price-friendly products sold in drugstores and places such as Walmart and […]
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