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New Study Highlights How Drivers Are Artificially Boosting Uber Fares

The Horizons Tracker

The joint strategy aims to bring the market into balance, as if demand exceeds availability, travel costs will rise. The researchers use game theory to explore when such a strategy would be profitable for drivers. New research from TU Dresden explores how this strategy works. ” Profitable strategy.

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Real Leaders Become Awakeners

The Empowered Buisness

John Nash –- behavioral economist and Nobel Prize recipient – is best known for advancing game theory and the equilibrium principle. the best result comes when everyone in a group (team, market, etc.) However, there is a more optimal paradigm from which leaders can operate. In simple terms, his work showed that ….

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Why Your Company Should Partner with Rivals

Harvard Business Review

That strategy could be especially effective if the company priced access at the point just below the competitions' 'go/no-go' price for developing similar technology. This insight shaped and informed venerable brands' efforts to collectively develop new geographic markets while maintaining their competitive differences.

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Research: Missing Product Information Doesn’t Bother Consumers as Much as It Should

Harvard Business Review

Theoretically, marketers could take advantage of this information glut to withhold facts and figures they’d prefer we didn’t see. But how do consumers react when marketers withhold information that would be relevant to their decisions? We suspected that consumers would be deaf to marketers’ silence.

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Embrace the Complexity of Cyber Defense

Harvard Business Review

Developing appropriate solutions requires understanding networks comprised of multitudes of heterogeneous layered subnetworks managed by organizations around the world, each with their own policies and incentives. Game Theory is useful for understanding strategic interactions when parties have competing interests.

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How to Create Remarkable Teams PART 2 – Collaboration

Ask Atma

In team development, research has shown that individual learning works best when accompanied by team learning. [1]. So the designer teaches everyone about UX/AI, the coders teach about their development methodology, the project managers teach about agile protocols, and the sales people describe what it is like in the field.

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How Blockchain Applications Will Move Beyond Finance

Harvard Business Review

Through a clever mix of game theory and cryptography, bitcoin replicates financial systems’ ability to transfer value, but without any of the labor typically involved in running and securing transactions. It’s not surprising that some of the closer-to-market applications of the technology are in the financial sector.