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The original version of this story appeared in Quanta Magazine. Imagine a town with two widget merchants. Customers prefer cheaper widgets, so the merchants must compete to set the lowest price.

SoCal News Group columnists Jim Alexander and Mirjam Swanson discuss some of this weekccs top sports stories, including the ...

Juventus got three big points in one of their most important domestic fixtures of the season to date. Nice to see that happen ...

Sunderland AFC are like Andy Dufresne escaping to freedom in The Shawshank Redemption. A win on Sunday would make us embrace ...

The Golden State Warriors had a lot of fun on Sunday night. Taking on the Chicago Bulls, on the road, on the back end of a ...

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

Because Scott and Kip starred in Reid’s first Game Changers book, longtime readers paid close attention. Soon after the ...

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

SNAP benefits are being restored and the nation’s flights are returning to normal. However the government’s opening has not resolved the issue that sparked the shutdown. Without the extension of ...