'What Game Theory Means for Economists'
At MoneyWatch:
Explainer: What "game theory" means for economists, by Mark Thoma: Coming upon the term "game theory" this week, your first thought would likely be about the Winter Olympics in Sochi. But here we're going to discuss how game theory applies in economics, where it's widely used in topics far removed from the ski slopes and ice rinks where elite athletes compete. ...
Posted by Mark Thoma on Friday, February 21, 2014 at 08:13 AM in Economics, Methodology |
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