If we want better outcomes, we need to change the way we pay for medical care. The latest Mirror, Mirror 2024 report from the Commonwealth Fund—a nonprofit organization that conducts independent ...

Game theory has a fascinating connection with poker. Image sourced from www.shutterstock.com Welcome to our series on economic theories that are changing the way we think. Today, Partha Gangopadhyay ...

Ever wonder how nodes are incentivized in a blockchain to ensure trust, consensus and cooperation in a system with no central authority? The answer lies in game theory, the mathematical study of ...

Playing with Reality: How Games Shape Our World. By Kelly Clancy. Riverhead Books; 368 pages; $30. Allen Lane; £25 In 1824 Prince Wilhelm of Prussia asked for a demonstration of an elaborate game he ...