Game Theory and Network Alliances in Russia’s War on Ukraine
In the LA Times op-ed, “What game theory can tell us about the war in Ukraine”, Anastassia Fedyk and David Mcadams use game theory to analyze Russia’s strategic choices in the war with Ukraine. This article connects to two key networks concepts discussed in lecture: 1) pure strategy Nash equilibria in game theory, and 2) […]
Survivor Season 41: Do or Die
Survivor Do or Die: Should you sit out or fight for immunity? In the show Survivor, contestants compete against one another to stay in the show for as long as possible, voting off a participant every few days. Before each vote, there are chances for participants to win individual immunity through immunity challenges. In these […]
Networking on LinkedIn for dummies
LinkedIn has been marketed as the go-to for all things career. Teachers advise making a portfolio as early as high school to begin carving out your profile for the world to see. Why? There are a few reasons why someone persuades another to start a LinkedIn account: it could be because there is opportunity, somehow […]
The Application of Game Theory (Prisoner’s dilemma) to Corona Vaccination
Even while the benefits of vaccination for society as a whole are evident, a sizeable portion of people, particularly young and healthy individuals, will reject this COVID-19 protection. The prisoner’s dilemma presents decision makers with a similar issue in game theory: picking a strategy that maximizes the benefits to individual players does not maximize societal […]
Game theory and Insurance
The decision making process of whether to accept or reject life insurance proposals utilizes the concept of game theory we learned in class. Suppose player 1, P1, is the insurer, and player 2, P2, is a set of all the policy-holders. We can get a 2*2 payoff matrix of the insurer as illustrated below. Among […]
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