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Tackling the great paradox of biodiversity with game theory

https://phys.org/news/2018-08-tackling-great-paradox-biodiversity-game.html Scientists have always wondered how thousands of species can coexist in environments that have limited resources and can’t sustain for everyone. Also, now that preserving biodiversity is on top of many people’s priority list, it’s important to resolve this biological paradox. Understanding biodiversity is paradoxical because early theories would claim that in order for […]

Congestion and Game Theory

Source: https://www.heraldmailmedia.com/news/local/highway-congestion-is-maryland-s-approach-wrong/article_b5ea9371-b2a5-5be4-94a0-d9bb39d5f4f0.html Motorists traveling on state freeways in 2015 experienced a total delay of 47.9 hours and burned 22.6 million gallons of additional fuel due to congestion. Crowded conditions along Interstate 81 in Washington County have also captured public concern due to an increasing number of crashes—some of them deadly. The state recently responded by […]

Art as an Investment and Tax Changes

Art is a part of the top ten categories of “Luxury Investment Index”, according to the 2018 Wealth Report. Art has been treated as an alternative asset for many years as “the world’s wealthy are flocking to auction houses, dealers and art fairs in ever greater numbers,” as The Financial Times reports. While about half […]

AI Neural Network Can Perform Human-Like Reasoning

https://www.rdmag.com/article/2018/09/ai-neural-network-can-perform-human-reasoning   This article in Research and Development Magazine explains a new development in artificial intelligence technology, neural networks. Due to recent advances in research, scientists have been able to create a neural network that is able to perform “human-like reasoning procedures to answer questions about the contents of images.” Neural networks learn from data, […]

Tit-for-Tat Approach to Survival: Evolutionary Strategies

In biology, an evolutionarily stable strategy describes the set of behaviors for a population where, if the strategy is adopted by every individual, it would be highly difficult for outsiders to penetrate the group with any alternative strategies. Groups of animals, or populations, may naturally build up certain strategies for their collective benefit, adopting an […]

Can Dating Apps Solve the Issue of Nash’s Equilibrium?

  Game theory is a concept that can be applied across many different areas, as nearly any time someone is making a decision that will affect others, it is considered playing a “game.” One aspect of life that people often refer to games as a negative thing is in dating. “Playing games” is another way […]

The Most Expensive Car Ever Sold at Auction and the Emotions Behind It

Since 1976, RM Sotheby’s has been one of the world’s largest high-standard automotive auction scenes. This August, at the RM Sotheby’s Monterey, California auction event, a rare 1962 Ferrari 250 GTO became the most-expensive car ever sold at auction when it went for $48.4 million.The Monterey auction event was not only successful due to the […]

Disrupting Opportunity Gaps Will Hinge on Networks

https://www.eschoolnews.com/2018/09/17/disrupting-opportunity-gaps-will-hinge-on-networks/?all Researcher Raj Chetty from Stanford University released another new study about the colossal differences in opportunity gaps that influence how many people become inventors (have patents). He analyzes the relationship between children’s exposure to innovation versus the likelihood that they become inventers themselves. He calls the children “lost Einsteins” because they have potential to […]

Ride-Hailing Apps and Traffic Networks

This article talks about recent studies that addressed the increasing concern about how transportation network companies (TNC), like Uber and Lyft, have been contributing to large amounts of congestion in major cities. These types of companies have advertised that their business model will lead to less cars on city streets, however, some studies have found […]

The Whitney Houston Story

Whitney Houston. This woman is continuously hailed as one of the greatest singers of all time. Rising to fame in the 80s, she took the world by storm. She revolutionized the what it meant to be a singer in popular music, and along with Michael Jackson they showed how black artist can be worldwide phenomena. […]

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