News tagged with economic game

What's fair?: New theory on income inequality

The increasing inequality in income and wealth in recent years, together with excessive pay packages of CEOs in the U.S. and abroad, is of growing concern, especially to policy makers. Income inequality was identified as ...

dateMay 27, 2015 in General Physics
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Playing a video game using thoughts

The start-up MindMaze has opened up a new dimension in the world of video games: moving with thoughts through a virtual environment or even directly interacting through certain emotions. Introduced earlier this month at the ...

dateMar 18, 2015 in Hi Tech & Innovation
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Economic games don't show altruism

Economic 'games' routinely used in the lab to probe people's preferences and thoughts find that humans are uniquely altruistic, sacrificing money to benefit strangers. A new study published in the journal Proceedings of the ...

dateJan 16, 2015 in Social Sciences
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How to manage motorway tolls through the Game Theory

A team led by José Manuel Zarzuelo, Professor of Applied Economics, has applied the co-operative Game Theory to calculating motorway toll charges. The results of the study have been published in the specialised journal European ...

dateApr 30, 2013 in Other
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