Game theory research reveals fragility of common resources

New research in game theory shows that people are naturally predisposed to over-use "common-pool resources" such as transportation systems and fisheries even if it risks failure of the system, to the detriment of society ...

Researchers determine how groups make decisions

From Beats headphones' rise to prominence or a political candidate's surge in the polls to how ants and bees select a new nest site, decisions emerging from groups frequently occur without a leader.

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