This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
To check out all the resources, sign up for free email alerts, and obtain subscription information, please click here. * * * Al Roth, expert in gametheory, experimental economics, and market design, is all about getting economists more [.].
His book, The Signal and the Noise , explains the power of statistical modeling to improve our predictions about everything from the weather to sports to the stock market. But my experience is all working with baseball data, or learning gametheory because you want to be better at poker, right?
He then usually brings in the tools of gametheory, in which his protagonists have to contend with other rational actors and the moves they might make. In the early 1980s, the gametheory approach to studying industries promised to be the next big wave in strategy.
But there’s some evidence to suggest that showing trust in others actually helps them trust you more – researchers who study gametheory consistently find that when one person shows faith in another, the second person’s faith in others also rises.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content