Game Theory and its Applications to the Vaccine Rollout
Ever since the Covid-19 vaccine became available for public use, there have been several hurdles to clear on the way to reaching herd immunity. Unfortunately, the rollout has been mostly left to local health officials, which has resulted in issues ranging from too long of lines to expiring vaccines. It can be argued that state […]
Iconic Scene from Crazy Rich Asians: Game Theory in Mahjong
I’m sure many of you have seen the movie “Crazy Rich Asians” in which Rachel Chu, an economist teaching at NYU, dates a man who she doesn’t know is extremely wealthy. She teaches a Game Theory class and in one of the first scenes, plays poker with a TA. She teaches that her opponent was […]
A COVID-19 Twist on the Prisoner’s Dilemma
While the concepts of game theory from lecture at first may seem foreign when applied to the ways we think about the real world, in reality many of our real-life problems can be reimagined in terms of a “game”. As a result of this problem restructuring, we can begin to better understand the reasons people […]
Salami and Game Theory
As discussed in class, Game Theory looks at how parties use strategies and reasoning to make strategic decisions. This can be in games, every day decisions or in this case, politics. The salami that will be discussed in this blog post is not going to be about the consumption of this deli meat, but more […]
The World’s most Expensive Toll Road is my Local Turnpike
I was originally going to write this blog about the impacts of trade sanctions, particularly embargoes, on global commerce networks. After discussing Nash Equilibrium as it relates to automobile travel and toll roads, and recalling a very heated discussion I have had regarding the Pennsylvania Turnpike, I have decided to write on this instead. Please […]
The Hawk-Dove Game and Covid Guideline Compliance
Game theory has applications across a wide range of topics with political strategy, the stock exchange and sports strategy being just a few examples. However, perhaps the most relevant in today’s world is its direct applications to Covid 19. From small, everyday decisions, like whether one should wear a mask at any given time, to […]
Climate Change and the Prisoner’s Dilemma
The Prisoner’s Dilemma is a theory that was first introduced in the 1950s that can predict how two people will act if they act out of their own self-interests. The concept can be best described with an example. Take two people who are suspected of committing a robbery together. They’re taken into two separate interrogation […]
Fads, Fashion, and Fifth-Graders
When I was in fifth grade, I decided to conduct a social experiment; I wanted to see how long it would take for a trend to catch on. My elementary school years saw many trends that seemed to be popular just because they were popular– their value came from the number of people wearing them […]
Game Theory: The Triwizard Tournament in Harry Potter
Game theory is widely applied in the real world, from economics to sports to military strategies, and even to famous science fiction novels. Specifically, we can find game theory being applied even in Harry Potter and the Goblet of Fire. The book revolves around The Triwizard Tournament—a tradition where the three wizard schools, Hogwarts, Beauxbatons, […]
The Heartwarming Relationship Between Strong Ties and Rural Elders’ Well-being
https://journals.sagepub.com/doi/abs/10.2190/AG.70.2.b Graph theory is applicable to many different situations, and its importance in social networks goes beyond just the strong and weak ties that classify relationships between people. In this case, it was found that strong ties between rural elderly people increased their well-being. This unexpected but unsurprising relationship shows how social ties have implications […]
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