Game Theory in Lane-Changing
One particular example of a game theory approach to modeling is lane-changes in transportation networks. “Vehicle-to-vehicle” communications (V2V) create a sort of network of cars and from this network, allow connected vehicles to receive information from others (signaling lights, car movement, driver eye contact, honking, etc.). Many people are aware from personal experiences that lane-changing […]
Brandon Stanton’s Effect on the Global Friendship Network
The myriad of modern social networking options provides consistent connection between people, whether they be friends or complete strangers. With platforms such as Facebook, Twitter, or even Spotify, the world feels like it becomes smaller every second with the relationships formed over shared interests and concerns. Instagram, another specific example of a successful social media […]
Network Solutions To Marketing Strategies
Arguably social media is deemed as inevitable in todays time. Majority of people around the world own electronic devices that include but not limited to smartphones, tablets, music devices etc all of which have to a certain extent access to the world wide web (Internet) which is essentially just a huge hub for connecting everyone […]
A Game (Theory) of Thrones
Westeros is a terrible world. It’s a world where the cruel rule and the noble die. The crown lives extravagantly, enforcing its will on the common folk who take the abuse without revolution (since Robert’s Rebellion). But why is George R.R. Martin’s world so horrible? Interestingly, game theory can help answer this question. Each character/house […]
Freshman Year: When to Make Friends
http://www.nytimes.com/2015/08/02/education/edlife/making-friends-in-new-places.html This article discusses the applications of network theory to the first few weeks of freshman year: how many students find their first set of college friends, when they are thrown into a novel situation away from home for the first time and can bond over boring orientation activities, finding interest clubs, living in the […]
Why Did Facebook Surpass MySpace?
In 2003 MySpace was founded and was then purchased two years later for nearly $600 million. Prior to 2008, MySpace was the social media king that many American’s relied on to facilitate and enhance their social network. However, as social media sites like Facebook emerged, more and more pressure began to build on MySpace’s ability […]
OPEC, Oil, and Game Theory
OPEC, the Organization of the Petroleum Exporting Countries, was formed with the intention of ensuring the stabilization of the oil markets by influencing the rate of production and thus the price of crude oil. OPEC comprises of 12 countries, including Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela. Since it’s formation in 1960, the influence of […]
FBI’s new problem: an Internet big
Article: http://www.networkworld.com/article/2983573/internet-of-things/even-the-fbi-is-worried-about-internet-of-things-security.html All the hype surrounding the fairly new concept of the ‘Internet of Things’ seems pragmatic to all but one of the big players in the networking department, the FBI. So what is this ‘Internet of Things’ and why does the FBI want us to tread carefully in approaching this potentially revolutionary idea? […]
Can Prisoner’s Dilemma Explain the Outcomes of the Greek Debt Crisis?
http://www.bbc.com/news/magazine-33254857 Many are familiar with the current Greek debt crisis which began in 2010 and Greece’s inability to pay back its debt obligations aggregated from the Eurozone Great Recession (2007-08). The reason for this lack in finances stemmed from the fact that government debt levels were misreported by the Greek government. This article relates […]
Game Theory and the 2011 NBA Lockout
Back in 2011, the NBA was involved in a lockout, a time in which the player’s union and the owners were unable to come to a deal on how to divide money. The issue resulted from a disagreement on how to divide nearly 4 billion dollars. Players felt they deserved to be payed more while […]
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