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 prices in ...

Researcher solves nearly 60-year-old game theory dilemma

To understand how driverless vehicles can navigate the complexities of the road, researchers often use game theory—mathematical models representing the way rational agents behave strategically to meet their goals.

Scientists reveal cracks in egg theory

(PhysOrg.com) -- Scientists in Cambridge have found cracks in the long-standing theory that the number of eggs animals have -- and the size of those eggs -- is related to how much parental care they invest in their offspring.

Bacteria offer insights into human decision making

(PhysOrg.com) -- Scientists studying how bacteria under stress collectively weigh and initiate different survival strategies say they have gained new insights into how humans make strategic decisions that affect their health, ...

Faithful males do not bring flowers

(PhysOrg.com) -- Fairy-wrens are notorious for their infidelity: despite living in seemingly harmonious monogamous pairs, females produce mostly illegitimate young, and males spend more time courting other females than their ...

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