What computer science can teach economics

(PhysOrg.com) -- Computer scientists have spent decades developing techniques for answering a single question: How long does a given calculation take to perform? Constantinos Daskalakis, an assistant professor in MIT’s ...

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.

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 for European law, ...

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.

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 ...

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 ...

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 unusual strategy ...

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 ...

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