The Benefits of Weak Ties
http://www.journalgazette.net/features/20180903/study-even-weak-social-ties-have-benefits In an article published in The Journal Gazette, Jennifer Breheny Wallance discusses two prominent studies which analyze the connection between weak social ties and a person’s physical and emotional health. In lecture, we learned that in any given social network, weak ties are equally as important as strong ties. If a person has just […]
How to never lose at Tic-Tac-Toe
This summer I vacationed with my two cousins Lucia and Mario who are 8 years old, and, obviously, had to entertain them. I taught them how to play tic-tac-toe, but after around 5 games, Mario came running to me in tears. They had agreed that the person who won the game had the right to […]
Game Theory and Cooperation in Nature
Source: https://www.quantamagazine.org/game-theory-explains-how-cooperation-evolved-20150212/ This article written by Emily Singer highlights some of the research going into how game theory relates to cooperation in nature. Singer presents multiple points of view from various researchers that all shed light on how problems like the prisoner dilemma can help us determine when cooperating and defecting strategies work in nature. […]
Cold War Prisoner’s Dilemma
https://www.baselpeaceoffice.org/sites/default/files/imce/articles/News/nuclear_prisoners_dillemma.pdf One very interesting application of the prisoner’s dilemma is the relationship between the USSR and the United States during the cold war. The first application of the prisoner’s dilemma occurs in the decision on each government of whether they would like to stockpile nuclear weapons. Both governments have the option to build or not […]
Hurricane Florence Evacuation Routes and Traffic Networks
On September 13, 2018 Hurricane Florence made landfall in the Carolinas. There was a preemptive mandatory evacuation called by both governors of both states. This evacuation was for more than 1,000,000 Carolinians on the coast from Wilmington, NC to Charleston, SC to move inland out of the “danger zones” on specially blocked off highways that […]
Disease kicked to the curb by game theory
The best for the individual may not always be the best for the group?! Say whaaaaatt!! I know this idea may seem novel, but really it’s not too far off from common sense. What gets interesting is the balance, or as some say, equilibrium, between the individual and the group. When can a decision be […]
Tariffs War as Example of “Bad Nash Equilibrium”
President Trumps announcement in late March about trade relations with China, as well as China’s response, has markets and investors on edge. This is largely due to the economic damage an increase in tariffs (relating to the global economy). Not only would a tariff on US imports decrease the US GDP but will likely result […]
Insights into political landscapes with the use of Game Theory
https://idsa.in/idsacomments/GametheoreticUnderstandingofIndiaPakistanRelations_agupta_160811%20 A reflection of Game Theory on a long time tension between two countries provides powerful insights into the mechanics of the politics between the two countries. The situation of rivalry between the two countries creates more often than not a situation of the prisoners dilemma, and is some situations, the model of car […]
The Flopper’s Dilemma
https://mindyourdecisions.com/blog/2016/11/08/how-sports-flopping-illustrates-the-prisoners-dilemma-game-theory-tuesdays/ In basketball, a flop is a play in which a player tries to make it appear as though another player fouled them in order to draw a foul from the official. These plays have recently been getting a lot of scrutiny due to fans, coaches, and opposing players who believe that this is […]
Prisoner’s Dilemma Strikes E3 2018 & Beyond
Source: https://venturebeat.com/2018/06/16/at-e3-2018-too-many-companies-ruined-their-own-shots-at-the-spotlight/ The classic prisoner’s dilemma has finally found its way into what used to be the most exciting time of year for video games. As Venture Beat indicated in their article linked above, more and more video game companies are trying to get the jump on their competition by making their own huge groundbreaking […]
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