American Diplomacy and Game Theory
Ever since the turn of the twentieth century, America has extended it reach beyond its borders through participating in economic , diplomatic and military affairs on a global scale. Over time, America has expanded its role to not only being a participant, but in many regards a policeman that works to arbitrate and diffuse issues not […]
Applying Game Theory to the Greek Debt Crisis
The Greek debt crisis is not only a substantial exemplification of socioeconomic and political factors causing a painful accumulation of debt and necessary financial bailout, but also of real world applications for game theory. The Greek debt crisis itself brought upon many questions and proposed courses of actions such as leaving the Eurozone, to regain […]
Game Theory and the Greek Economic Crisis
It’s interesting to consider Eurozone economic principle as the context for a game being played by two forces. And this is exactly what the BBC article, “Can Game Theory Explain the Greek Debt Crisis?” attempts to showcase. Recall the Greek Economic Crisis of 2009 (which is still on-going today), Greece is unable to pay their […]
Cruz and Kasich: The Candidate’s Dilemma
The 2016 presidential election has consumed the nation’s attention. Daily headlines regarding polls and candidates fill the media. Earlier this year, Ted Cruz and John Kasich were both vying for the Republican candidacy. Originally competitors, both aimed to dethrone Donald Trump, who was leading in the polls. Both Cruz and Kasich campaigned as the “anti-Trump […]
New Auctioning Model with Cars and Online Shopping
Article: http://www.forbes.com/sites/lianeyvkoff/2016/09/16/a-new-automobile-auction-house-shakes-up-old-business-model/#3c87754f347c Car auctions have been going on for years, usually in a descending-bid auction based on the context of Forbes’ article. People have learned to work the system to get what they want while ‘newbies’ are left behind for not knowing the simplest of information such as the “handshake deal” that can occur […]
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