Game theory and economics in the news
|July 31, 2006||Times Herald-Record, The cost of the moral hazard: You are paying for it
Regular flooding of the Delaware River is due to moral hazard. Responsible parties, including energy companies, face no responsibility as the federal government provides relief. (by Graham L. Brown)
|November 17, 2002||San Francisco Chronicle, Key Enron energy trader excelled at power game
Timothy Belden, at the center of the Enron scandal, studied game theory at Berkeley.
|October 1, 2002||Asia Times, OPEC in the line of fire
The repeated prisoner's dilemma of OPEC cooperation is unstable.
|June 18, 2001||Business Week, California's giant game of chicken
Energy companies play game of chicken with regulators