Economics & Game Theory

A transparent plastic money counter machine with a $100 bill placed inside it.

Fiat Money Isn’t Sound Money

06/03/2025

The concept of “sound money” – currency backed by tangible value…

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Thomas Schelling And Schelling Points

06/03/2025

Imagine you’re separated from a friend in a crowded city with…

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A yellow table showing Barney's Choice matrix with values for Stag, Bison, and Rabbit strategies.

Schelling Points Yield The Solution To The Stag Hunt Coordination Game

06/03/2025

Termed “The Hunt’s Conundrum” in a previous article, there are two pure-strategy equilibria…

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A payoff matrix table labeled 'Barney's Choice' showing outcomes for 'Stag' and 'Rabbit' strategies.

What Is The Nash Equilibrium Of The Stag Hunt Coordination Game?

06/03/2025

At the heart of “The Stag Hunt” of Jean-Jacques Rousseau is…

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A classic painting depicting a stag surrounded by hunting dogs in a forest setting.

The Stag Hunt Of Jean-Jacques Rousseau

06/03/2025

In the pantheon of philosophical thought experiments, few capture the essence…

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What Is The Nash Equilibrium Of The Prisoner’s Dilemma?

06/03/2025

“The Nash Equilibrium” is the most common way to define the…

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The Story Of The Prisoner’s Dilemma

06/03/2025

In 1950, mathematicians Melvin Dresher and Merrill Flood conducted an experiment…

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What Is The Nash Equilibrium?

06/03/2025

The Nash Equilibrium stands as one of the most profound contributions…

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Hand moving chess piece on strategic map.

43 Resources For Your Game Theory DYOR

06/02/2025

Please enjoy this list of game theory resources! Thanks for reading!

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What Is The History Of Game Theory?

06/02/2025

Game Theory wasn’t spawned in a vacuum of ideas. While not…

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