The growing ubiquity of artificial intelligence (AI) in applications is rapidly changing everyday life, underscoring the need to understand its social intelligence. A new AI study examines the social ...
CHICAGO, Illinois--How game theory and insights from cognitive psychology can shed light on the economic choices people and corporations make will be the focus of a topical lecture presented by ...
Colin Camerer is the Robert Kirby Professor of Behavioral Economics at the California Institute of Technology. He earned a Ph.D. from the University of Chicago in 1981 and worked at the Kellogg School ...
Large language models (LLMs)—the advanced AI behind tools like ChatGPT—are increasingly integrated into daily life, assisting with tasks such as writing emails, answering questions, and even ...
7/16/2008 - John Nash. Roger Myerson. Robert Aumann. Eric Maskin. Just some of the quantitative luminaries on hand for the Game Theory Society’s Third World Congress, hosted by the Kellogg School from ...
We examine a supply chain with a single supplier and multiple retailers to predict retailers’ actual ordering behaviors. If retailer orders exceed supplier capacity, a proportional rationing rule ...
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Hybrid model reveals people act less rationally in complex games, more predictably in simple ones
Throughout their everyday lives, humans are typically required to make a wide range of decisions, which can impact their well-being, health, social connections, and finances. Understanding the human ...
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 ...
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