Cleansing Cycling
It is no secret that performance enhancing drugs (PEDs) have plagued cycling for the past few decades. While the Lance Armstrong era has passed, the Cycling Independent Reform Commission (CIRC) estimates that 20% – 90% of the peloton is still doping. The most frightening part of this statistic is its confidence interval, which demonstrates how […]
The Odd Shortage of Amiibo
A business, no matter how long they have been in the market, can still make simple mistakes. Nintendo, a long-standing, well-known game company, for the past year has had many missed opportunitites to make extra profit through its extremely popular line of figurines, called amiibo. The craze for these figures is not only that they […]
Game Theory Calls Cooperation into Question
http://www.scientificamerican.com/article/game-theory-calls-cooperation-into-question1/ This article discusses the topic of Game Theory and focuses attention on the observation that the simplicity of the Prisoner Dilemma makes it applicable to many situations, but the article argues that it is not always correct. More generally, this article explains that cooperation really isn’t always the right answer and demonstrates that […]
Transmission: A Game about Networks
Transmission is a game developed by Science Museum to celebrate centuries of innovation in communication networks. The game essentially traces developments in networking technology since the 1800s. Starting at telegraph networks that only involve transmitters and receivers, it moves on to telephone networks, computers, broadcast networks, satellites and more. The idea of the game remains […]
Driving ATM Banking Profits Using Game Theory
Since the 1980’s, ATMs have become a huge part of how consumers interact with banks on a regular basis. Not only did automated tellers dramatically reduce wait times for customers, but they also helped banks significantly cut distribution costs. Over the years, ATMs have become increasingly common, now often found at every street corner of […]
Induced Demand from Bigger Roads
Traffic has been one of the country’s most aggravating issues, and it always will be. Logically, people think that the solution to heavy traffic is to add more roads and highways. However, this could not be more false. Over the past few decades, traffic engineers have learned that adding more roads and highways does not […]
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 […]
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