Playconomics video game teaches theory of economics

So economics really is a game after all. Two economics lecturers have found that the fastest route to an undergraduate's brain is to use a computer game that plays out the theory of economics.

Psychology influences markets, research confirms

When it comes to economics versus psychology, score one for psychology. Economists argue that markets usually reflect rational behavior—that is, the dominant players in a market, such as the hedge-fund managers who make ...

Averting worse economic collapses

A new study shows how specific parameters can help us steer clear of tipping points in dynamic systems, such as entire economies.

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 ...

Record sales for latest 'Call of Duty' game

The latest installment of the blockbuster video game "Call of Duty" raked in more than $500 million in the first 24 hours, making it "the biggest entertainment launch of the year," its publisher said Friday.

The Olympic Games are not always profitable

The economic impact of the Olympics has not been the same for all host countries. According to the Olympic Studies Centre at the Autonomous University of Barcelona, the games held in the Catalonian capital 20 years ago were ...

With the crisis, less money is wagered but more people play

Scientists from the Institute of Policy and Governance (whose initials in Spanish are IPOLGOB) at the UC3M have over the last three years compiled information and carried out a series of studies which have enabled them to ...

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