Game Theory in Crime Prevention
Imagine a world where crimes could be predicted and stopped before they can ever occur. Typically, this would need someone with precognition abilities to be achieved effectively. However, there is a team of researchers at Vanderbilt are working together to make this goal achievable through data, computing, and analysis. Essentially, the researchers are applying game […]
How robot auctions are shaking up digital advertising
Back in the old days, advertisers would land advertisement deals with sellers face-to-face weeks in advance. With the rapid advancement in technology nowadays, ads are sold in real time. Companies like Google, Microsoft or Facebook have already been employing automated auctions to help them allocate their online advertising spaces. When a webpage is being loaded on […]
Free Food and Structural Holes
Free food is lovely, of course. But Google’s purpose of having free food no more than 200 feet away from its every employee is not as simple as feeding empty bellies. According to an article on Forbes, free food is just a small perk that contributes to employee happiness. More importantly, free food opens up an opportunity […]
Game Theory Help to Prevent Rape
Source: http://www.theatlantic.com/technology/archive/2015/09/can-game-theory-prevent-rape/405607/ In this article, an app was introduced to help resolve the reluctance of sexual assault victims to report the crime. A poll showed that only 11% of the women who attended college in the past four years and claimed to had been sexually assaulted reported to the police or college authorities. Their hesitations to report consist of […]
How Game Theory Helped Improve New York City’s High School Application Process
As a yearly ritual, eight graders from New York City middle schools begin the process of applying for a spot in high schools. While the actual application process may take days of hard work, the sorting algorithm that assigns students to high schools only takes a fraction of a second for each individual. However, there seems […]
The Prisoner’s Dilemma and Multiplayer Games
Despite the growing worries about the influence of video games in the modern world, one cannot deny the major impact they’ve had on industry and culture. In tandem with the increasing popularity of mass-multiplayer online games, much concern has arisen in particular towards the concept of hacking and/or glitching a game in order to gain […]
Snapchat “Best Friends”
We all know what Snapchat is, but for those who are not very familiar with it, Snapchat is a video messaging application where users can take photos, record videos, add text and drawings, and send them to other users. In this mobile application, there exists a feature which displays your “best friends”. The way your best friends are […]
Braess’s Paradox in Epidemic Game: Better Condition Results in Less Payoff
Hai-Feng Zhang, Zimo Yang, Zhi-Xi Wu, Bing-Hong Wang, and Tao Zhou studied evolutionary epidemics coupled with human behaviors as a game. Individual humans are their players with 3 strategies: vaccination, self-protection, and laissez faire. They may change strategies at the beginning of each new season of epidemic spreading, basing this decision on the aggregate decisions […]
Doctor-patient relationship; Prisoner’s Dilemma
In a study by a team of physicians and a mathematician this year in the European Journal of Clinical Investigation, game theory was used to describe the interactions between doctors and patients today as our countries health care system is shifting. Currently, our health care system is implementing policies that evaluates doctors partly based on patient […]
Price-Match Guarantees and Game Theory
This Economist article brings a very unique and interesting point of view of how price-matching tactics used by supermarkets, which on the surface appear to be just a way of satisfying customers, can actually bring much benefit to the supermarkets by keeping profit margins high. The traditional price wars among supermarkets can be viewed through […]
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