Game theory in the popular press.


Game theory and economics in the news

December 21, 2001, Notes on the economics of game theory
Provides extensive introduction to game theory and argues that Eastern Europeans view business culture as a zero-sum game.
December 15, 2001 Software Development Times, Does obscurity equal security
Open-source software and network security represent hawk-dove games
December 4, 2001 CNet, Blunders aplenty in AT&T, @Home talks
Excite loses in game of chicken against AT&T by underestimating its opponent
December 1, 2001 Discover, Why we take risks
Describes evidence of Amotz Zahavi's "handicap principle" by which risky, extravangant behaviors by many species of animals signal strength and ability.
December 1, 2001 Psychiatric Times, World leaders not immune to trauma
How world leaders play games and maintain rationality under stress
November 22, 2001 The Guardian, EC fines 'Vitamin Inc' cartel
Cooperation among European vitamin manufacturers deemed collusive.
November 15, 2001 Nature, Playing by quantum rules
Quantum computing holds a solution to the prisoner's dilemma, physicists show. (by Erica Klarreich)
November 5, 2001 New York Magazine, The domino theory
Mayoral race in New York includes cascades, strategic voting, and games of chicken
October 31, 2001 The, Moral hazard lights flare around bailouts
Government aid to the insurance industry presents a moral hazard problem
October 24, 2001 ABC News, Drug hoarding and 'Prisoner's Dilemma'
The desire to hoard antibiotics in response to anthrax threats leads to a prisoner's dilemma and limited supplies. (by John Allen Paulos)
October 10, 2001 Nature, Machiavellian tactics modelled
Strategic voting suggests that we may want to vote for our enemies to improve our situation.
October 8, 2001 eWeek, Not just dumb bugs anymore
Information technology: the need for game theory, since opponents are rational
September 28, 2001, Flying pork barrels
The benefits of taking on risk are higher-than-average returns, but there are no risks if airlines are bailed out.
September 10, 2001 Forbes, The tragedy of the commons
Discusses web-based business plans in light of the tragedy of the commons and the need to privatize Web resources.
September 6, 2001, Sell me a story
Why are buildings in the same city of different heights? Negotiation may lead to higher profits from each building.
September 1, 2001 Fast Company, What is the New Economics?
Discussion of Shiller's work in behavioral finance
August 18, 2001, NBA team as status symbol becoming more like an idol.
Cities cought in a prisoner's dilemma over recruiting basketball teams.
August 2, 2001 Science Daily, Adversaries would find other attack methods, game theory shows
Credibility in missile defense systems.
August 2, 2001, Researcher proposes North American wheat board
Attempts at collusion present free-riding concerns
July 29, 2001 New York Times, A Bicycling Mystery: Head Injuries Piling Up
Increased use of bicycle helmets leads to moral hazard, more injuries.
July 16, 2001 Science Now, Autumn leaves, a secret sign?
Trees signal defenses to insects.
July 10, 2001 Nature Science Update, Trees tell pests to leaf off
Trees signal defenses to insects.
June 26, 2001 Sierra Times, The Tragedy of the Commons
Argues that public ownership of forests leads to a tragedy of the commons.
June 18, 2001 Business Week, California's giant game of chicken
Energy companies play game of chicken with regulators
June 1, 2001 CFO Magazine, Building a better carrot
Companies struggle with moral hazard and offer incentive pay to even lower-level employees.
May 3, 2001 The Economist, The line of least resistance
Antibiotic resistance presents a tragedy of the commons.
May 2, 2001, Why are we getting so fat?
Is modern medicine lowering the health risks of obesity? and other incentive and moral hazard arguments.
April 28, 2001 New York Times, Adding art to the rigor of statistical science
Bayesian probability analysis gains popularity in uses ranging from effectiveness of medical procedures to email screeners.
April 10, 2001 DevX Press, and Microsoft launch prisoner's dilemma game...
The prisoner's dilemma as an educational tool for developers.
April 6, 2001 Nature, A lighter shade of egg
Laying a final pale egg deters free riding "egg dumpers" by signaling that incubation has begun.
March 23, 2001 Dayton Business Journal, Game theory applied to lure health care workers
Hospitals bidding for nurses find themselves in a prisoner's dilemma.
March 22, 2001 The Economist, Son of paperclip
Microsoft applies Bayesian probability analysis to decide when a user needs help or advice.
March 7, 2001 Financial Times, Peak performance
An eulogy to Herbert Simon, describing his theory of satisficing and contributions to behavioral economics. (by John Kay)
March 1, 2001 Rationally Speaking, Game theory, rational egoism and the evolution of fairness
Asks if ethics are rational and discusses the ultimatum game.
February 19, 2001 Nature News Service, Secret of sports thrills spilled
Every sport is identical, in a sense, as all are random walks.
February 11, 2001 New York Times Magazine, Exuberance is rational
Discusses Thaler's criticism of rationality and how behavioral game theory helps in financial markets.
February 8, 2001 USA Today, Cruise lines draw profits from selling works of art
How the excitement of art auctions at sea leads participants to overbid and overpay.
February 1, 2001 ABC News, Coins and Confused Eyewitnesses
Bayes Rule suggests that it is likely that an eye witness picks the wrong person.
January 28, 2001 Traffick, Market forces may solve search engines' "tragedy of the commons"
Submission charges may improve search results, diminishing the tragedy of the commons
2001 The Games Journal, Aggression in multi-player games
Early aggression may lead to retribution in strategy board games.
2001 Technology Acquisition Update, Negotiating when value is not tangible
Provides a guide to negotiation in low-information environments, and notes the role of perception.