Chatbots consistently overestimate how strategic humans are, leading them to make decisions that look smart in theory but ...

Authors of a study recently published in the Journal of Economic Behavior & Organization said their research indicates that ...

We are living at a time when large language models increasingly make choices once reserved for people. From writing emails to ...

Scientists at HSE University have found that current AI models, including ChatGPT and Claude, tend to overestimate the ...

Explore how backward induction helps solve game theory problems by working from the end backward to determine optimal actions ...

Discover how the Centipede Game illustrates conflict between self-interest and mutual benefit, as well as why real-world ...

Why doesn't a rising tide raise all or most boats? That is: how does wealth manage to get "sequestered" with the wealthiest? [In theory], they don't put it in big money rooms like Scrooge McDuck: they ...

The new injunction placed on Google Play in the US this week preventing the tech giant from blocking alternative payments and implementing anti-steering measures can transform the Android games ...

Play as a space merchant selling and trading your wares across the galaxy in Stellar Trader, a new 4X space-trading sci-fi sim in development for PC. You'll build space stations, negotiate prices, ...

The Nobel Prize in economics was awarded to a trio of researchers Monday for their work on how cycles of technological innovation feed economic growth. Joel Mokyr of Northwestern University, Peter ...

The Pittsburgh Steelers’ game in Dublin, Ireland, at Croke Park against the Minnesota Vikings saw a positive economic impact during the week. The crowd, which consisted of 35 percent Americans, 30 ...