Are Tolls Always Effective?
https://www.nytimes.com/2022/09/12/nyregion/nyc-congestion-pricing-manhattan-bronx.html?searchResultPosition=2 With a population of 8.8 million, New York City commuters are given numerous options for traveling: walking, biking, driving, or taking the subway. A large population in such a compact area eventually leads to traffic congestion, especially within the mid and lower Manhattan areas. Related to Braess’s Paradox discussed in class, the act of […]
Game theory in the ‘Mackerel Wars’
In the paper titled “Game theory and fish wars: The case of the Northeast Atlantic mackerel fishery”, Jensen et al. study the ‘Mackerel Wars’ that occurred between 2010 and 2014 and apply a mathematical analysis based on game theory on the incident. This fishing dispute between Norway, Iceland, the Faroe Islands, and the EU began […]
Game Theory of Sailing: How Nash Equilibria can be applied to match racing
https://northu.com/wp-content/uploads/2020/05/MatchRacingPlaybook.pdf Match Racing is a discipline of sailing that is full of strategy and tactics as it is two boats, racing to the finish line and ultimately trying to outsmart each other on the way. Dave Perry, who is a Five-Time Match Racing National Champion, created a play book that acts as a guide for […]
Matching Theory in Kidney Transplants
Matching Theory: Kidney Allocation https://ojs.lib.uwo.ca/index.php/uwomj/article/download/4632/3825/8049 Since 1954, kidney transplants have saved millions of people. The problem is, not every donor matches the blood and tissue of the patient they are trying to donate their kidney to. This incompatibility has led to many patients having to wait in extremely long transplant lists and can lead […]
Boston MBTA Orange Line Closure & Network Traffic
A major event that is connected to our class topics is Boston’s MBTA line closures. Currently, all of the Orange line is out of service and a significant part of the Green line is out as well. These closures will last for approximately a month, of which half of that time period has already passed. […]
The Fastest Way to Lose a Lot of Money: NFTs
As blockchain technology becomes more heavily adopted, human behavior becomes accentuated and more perverse. In the case of NFTs, the activity on the secondary auction market demonstrates a lot that was taught in class. While NFT auctions are different than your normal in-person auction, the NFT secondary market has an ascending auction structure, which means […]
Playing the Climate Game: Prisoner’s Dilemma to a Stag Hunt
This article from The Atlantic takes a unique approach to outline a project on game theory and climate change. It considers three different games with scenarios including a hypothetical negotiation between the United States and China to reduce emissions. Although given real situations and their contexts, there will be infinite outputs for each player depending […]
Minimizing Class Conflicts through Game Theory and Matching
As prelim season starts up, you may notice that there exist a decent amount of prelims and final exams that exist concurrently; these are time conflicts, and you may have had to deal with them personally before. These conflicts and, specifically, the methods in which we avoid them, provide an interesting application of the matching […]
How game theory will impact in the future
In class, we learned about the definition and different topics regarding to game theory. Game theory is a mathematical theory where one can predict certain situations to come out with the most ideal outcome. One of the game theory concepts we learned was Nash Equilibrium which is a pair of strategies in which each player’s […]
Network Shrinkage Post Pandemic & STC Property
In “Research: We’re Losing Touch with Our Networks” by Marissa King and Kovács, King and Kovác discussed how the pandemic has reduced people’s work and personal networks, especially in the outermost ring. They encouraged the readers to think of their network as 6 concentric circles that go from strong emotional ties to weaker ties. It […]
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