What happens when you analyze college football like the CIA? | Cultivate Labs Blog
What happens when you apply CIA-style analysis normally used to understand China or Russia to your favorite sports team?
game-theory
The Game Theory of How Algorithms Can Drive Up Prices | Quanta Magazine
Recent findings reveal that even simple pricing algorithms can make things more expensive.
The Firms That Power Prediction-Market Trades
Industry insiders explained during the FOS Asset Class event why market making is not the same as the “house” in traditional sports betting.
The Hierarchy of Money
The Investors Guide to Game Theory - Pt.1
What is it, why does it matter for investors, and how can we use it?
Why Smart People Stay Broke: The Hidden Game Theory Rule Nobody Teaches You
An economist watched people pay $40 for a $1 bill. Here's why smart people always lose.
The secrets of cooperation
Most people care what others think of them. In many situations, that can be leveraged for the common good.
Why Anti-Corruption Strategies May Backfire - Nautilus
How power and transparency affect efforts to stamp out bribery.
Decision theory — LessWrong
Decision Theory is the study of principles and algorithms for making correct decisions—that is, decisions that allow an agent to achieve better outcomes with respect to its goals. Every action at least implicitly represents a decision under uncertainty: in a state of partial…
Are Prediction Markets Good for Anything?
We all know they’re casinos. It’s time to look at the data behind the froth.
The vast majority of these bets are not on questions that might produce useful information. Roughly 90% of Kalshi’s trading volume (dollars exchanging hands between bettors) is from sports betting, making Kalshi effectively a sports gambling website with a small prediction market attached. I find…
I’ve found that the benefits of prediction markets fall into five different categories.
Legendary Auctioneer Jussi on How to Decode Auction Numbers
Jussi Pylkannen, one of the most revered auctioneers of his generation, breaks down what bidders need to know about reading between the lines at auction.
Auction estimates reflect sellers, not the market
Be wary of how competition creates optimism
Game Theory Patterns at Work
Foundations: Games, Rationality, and Traps In organizations, strategies and execution are interdependent. Outcomes depend not just on what you do, but on what others do, and what they expect you to…
The Game Theory of How Algorithms Can Drive Up Prices | Quanta Magazine
Recent findings reveal that even simple pricing algorithms can make things more expensive.
Schelling Point
In game theory, a Schelling point describes an intuitive focal solution people gravitate towards without direct communication. Named after its progenitor, economist Thomas Schelling, its reach extends to realms like negotiations, economics, and international affairs, driven by…
NON-ZERO-SUM GAMES
~ a world-help site ~
How the Mathematics of Honesty Underlies These Auctions
Here's the surprising math at the heart of auction theory
Top Strategy Board Games to Challenge Your Mind and Elevate Game Night
Have you ever wondered how a simple board game can sharpen your mind and enhance your strategic thinking skills? In recent years, strategy board games have surged in popularity, captivating players of all ages with their intricate designs and challenging gameplay. These games…
Note: Settlers of Catan: The Gateway to Strategy Terraforming Mars: A Cosmic Challenge Gloomhaven: A Tactical Adventure (several more)
Beyond Human Intervention: Algorithmic Collusion through Multi-Agent Learning Strategies
Our paper, Beyond Human Intervention: Algorithmic Collusion through Multi-Agent Learning Strategies, with Suzie Grondin and Philipp Ratz is now available online Collusion in market pricing is a concept associated with human actions to raise market prices through artificially…
Top 10 Game Theory Books to Enhance Strategic Thinking
Explore the best books on game theory to sharpen your strategic thinking. From foundational texts to advanced strategies, these books offer valuable insights for professionals, students, and enthusiasts
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Title:An Abundance of Katherines: The Game Theory of Baby Naming
In this paper, we study the highly competitive arena of baby naming. Through making several Extremely Reasonable Assumptions (namely, that parents are myopic, perfectly knowledgeable agents who...
How Game Theory and AI Have Raised the Stakes in Top-Level Poker
Poker players can now employ AI to find the optimal playing strategy, but they often don’t use it. Here’s why
The Evolution of Trust
an interactive guide to the game theory of why & how we trust each other
Glossary of game theory - Wikipedia
Game theory is the branch of mathematics in which games are studied: that is, models describing human behaviour. This is a glossary of some terms of the subject.
Information as a Universal Complement and Universal Substitute
Plus! Diff Jobs; Making a Market; Financial Innovation; IRL; Open-Ended Liabilities; Meme Stock Relapse
Bargaining and Dynamic Competition
Profit Sharing in Partnerships: Complementarity, Productivity, and Commitme
Strategic Informed Trading and the Value of Private Information
Prediction Markets - LessWrong
Prediction markets are speculative markets created for the purpose of making predictions. Assets are created whose final cash value is tied to a particular event or parameter. The current market prices can then be interpreted as predictions of the probability of the event or the…
CARD GAME RULES
The largest collection of card game rules on the Internet, with information about hundreds of card and tile games from all parts of the world.
The Hidden Worlds of Monopoly
From Atlantic City to high fashion to Karl Marx, the most recognizable board game has had serious cultural impact.
What is RGSP? Google’s Randomized Generalized Second-Price ad auctions expl
A deep dive into why the DOJ thinks RGSP makes ad auctions unfair, and why Google believes it creates a better user experience.
Coordinated Dynamic Bidding in Repeated Second-Price Auctions with Budgets
Five Game Theory’s Concepts: Avoid Zero-Sum Games and Improve Your Life By
Game theory provides a lot of insightful concepts we can wrap in the theoretical framework that can be applied to different fields under various circumstances. Here are five concepts from game theory that have a wide range of applications, and my examples of using them in…
Bidder Density: When 1 1 = 10x
How bid density impacts ads, recommender systems, and salary negotiations.
GitHub - ncase/trust: An interactive guide to the game theory of cooperatio
An interactive guide to the game theory of cooperation - ncase/trust
Researcher solves nearly 60-year-old game theory dilemma
A researcher has solved a nearly 60-year-old game theory dilemma called the wall pursuit game, with implications for better reasoning about autonomous systems such as driver-less vehicles.
How "Generous Tit for Tat" wins at life
And why the combo of strength+gentleness is unbeatable in the long run.
The Market for Lemons
"The Market for 'Lemons': Quality Uncertainty and the Market Mechanism" is a widely cited seminal paper in the field of economics which explores the concept of asymmetric information in markets. The paper was written in 1970 by George Akerlof and published in the Quarterly…
Mastering Stratego, the classic game of imperfect information
Game-playing artificial intelligence (AI) systems have advanced to a new frontier. Stratego, the classic board game that’s more complex than chess and Go, and craftier than poker, has now been...
Victor Shi: We don’t need a third party. We need ranked choice voting.
Earlier this summer, a group of anti-Trump and moderate Republicans and Democrats launched a new political party called the Forward Party. On the surface, this movement echoes recent polls indicati…
Auction Houses and Galleries Are Working Together—Here’s Why
Auction houses and galleries are getting creative, partnering to drive demand and give their clients access to the best works.
Dynamic Price Competition: Theory and Evidence from Airline Markets
Platform pricing strategies when consumers web/showroom
Pricing Novel Goods
It is time to auction slots at congested airports | CEPR
With Peltola’s Defeat of Palin, Alaska’s Ranked-Choice Voting Has a Moment
Mary Peltola won by appealing to Alaskan interests and the electorate’s independent streak. But Alaska’s new voting system played a big role, too.
The Zero-Sum Bias: When People Think that Everything is a Competition
How Pricing Bots Could Form Cartels and Make Things More Expensive
Antitrust law will have to evolve to cope.
To Get Good, Go After The Metagame
What do metagames have to do with the acquisition of expertise?