News tagged with game theory

Growing online sales could lower prices, but also trim choices

Shoppers could see lower prices but less variety to choose from as more manufacturers sell directly to consumers through the Internet, according to new research led by a University of Illinois business professor.

Other Sciences / Economics & Business

created Nov 02, 2009 | popularity 2.5 / 5 (2) | comments 1

Sharing Scarce Flu Vaccine May Be Best: Game Theory Model Shows Hoarding Supplies Isn't Healthiest Choice

(PhysOrg.com) -- As manufacturers race to test and deliver an H1N1 influenza vaccine by October, public health officials are working equally feverishly to determine how scarce doses should be allocated.

Medicine & Health / Medical research

created Sep 22, 2009 | popularity not rated yet | comments 0

The right honourable computer, barrister-at-law

(PhysOrg.com) -- European researchers have created a legal analysis query engine that combines artificial intelligence, game theory and semantics to offer advice, conflict prevention and dispute settlement ...

Technology / Computer Sciences

created Sep 04, 2009 | popularity 4.8 / 5 (4) | comments 4

Winning While Losing: New Strategy Solves 'Two-Envelope' Paradox

(PhysOrg.com) -- Researchers from Australia have taken a step toward resolving a seemingly simple yet unsolved paradox known as the "two-envelope" problem. They’ve worked out a new strategy that can enable ...

Other Sciences / Mathematics

created Aug 18, 2009 | popularity 3.6 / 5 (34) | comments 42 feature

Raven teenager gangs play by game theory

Game theory models predicted that young ravens gain the greatest advantage from hunting in a pack. Now the young birds have figured this out for themselves, and form gangs to oust older raven pairs from tasty carcasses.

Biology / Plants & Animals

created May 22, 2009 | popularity 3 / 5 (2) | comments 0

Game theory and machine learning offer better bidding strategies

(PhysOrg.com) -- By combining techniques from game theory and artificial intelligence, computer scientists at the University of Michigan have developed a better way to find the best bidding strategy in a simulated auction ...

Technology / Computer Sciences

created May 13, 2009 | popularity 4 / 5 (4) | comments 1

Game theory study: Cooperative behavior meshes with evolutionary theory

(PhysOrg.com) -- One of the perplexing questions raised by evolutionary theory is how cooperative behavior, which benefits other members of a species at a cost to the individual, came to exist.

Biology / Evolution

created Apr 06, 2009 | popularity 3.8 / 5 (5) | comments 8

Scientists examine how social networks influence behavior

Conventional wisdom holds that it's not what you know, it's who you know. But now scientists studying networking are starting to realize that when it comes to much in life, it's also who the people you know know, and perhaps ...

Other Sciences / Social Sciences

created Mar 22, 2009 | popularity 4.6 / 5 (9) | comments 0

Bizarre bird behavior predicted by game theory

A team of scientists, led by the University of Exeter, has used game theory to explain the bizarre behaviour of a group of ravens. Juvenile birds from a roost in North Wales have been observed adopting the ...

Other Sciences / Mathematics

created Feb 25, 2009 | popularity 4.3 / 5 (11) | comments 0

Caltech economist makes a game of economic theory

How game theory and insights from cognitive psychology can shed light on the economic choices people and corporations make will be the focus of a topical lecture presented by California Institute of Technology (Caltech) behavioral ...

Other Sciences / Other

created Feb 16, 2009 | popularity 5 / 5 (3) | comments 0

Tracking the digital traces of social networks

Why do we create and maintain social networks? Most people can immediately think of a few natural reasons -- we get something from the interaction, or the person is nearby and is close to us in proximity, age or gender.

Other Sciences / Social Sciences

created Feb 14, 2009 | popularity not rated yet | comments 0

Strategies for Retailers Fighting Price Wars

(PhysOrg.com) -- All retail companies want to maximize their profits, while at the same time maintaining high market share compared with their competitors. One way to do this is by promising to offer the lowest ...

Technology / Computer Sciences

created Feb 04, 2009 | popularity 3.3 / 5 (12) | comments 4 feature

Why you can't hurry love

(PhysOrg.com) -- Scientists have developed a mathematical model of the mating game to help explain why courtship is often protracted. The study, by researchers at UCL (University College London), University of Warwick and ...

Biology /

created Jan 16, 2009 | popularity 3 / 5 (4) | comments 0


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