Game theory in the popular press.


Game theory and economics in the news

June 10, 2006 Slate, Buy! Buy! Buy! Sell! Sell! Sell!
Stock market frenzies and crashes need not be due to exuberance or idiocy, but may reflect rational signaling and information herding. (by Tim Harford)
October 27, 2003 Houston Chronicle, Extra life insurance from employer often too costly
Employer life insurance is too costly due to adverse selection. Only the sickest employees sign up, leading to higher premiums.
August 3, 2003 New Scientist, Biggest not always the daddy in mating game
In the evolutionary mating game, experienced partners of a number of species prefer weaker males, potentially as a signal of less abuse to come.
May 1, 2003 Economist, Signal failure?
Summarizes a RAND article by Feltovich, Harbaugh To, which argues that, in a population of three types of people, the best types may send " countersignals."
March 2002 Beacon Hill NewsLink, Summer's here! Let the Hollywood games begin
How movie studios signal the dates of movie releases to avoid heavy competition.
December 1, 2001 Discover, Why we take risks
Describes evidence of Amotz Zahavi's "handicap principle" by which risky, extravangant behaviors by many species of animals signal strength and ability.
July 16, 2001 Science Now, Autumn leaves, a secret sign?
Trees signal defenses to insects.
July 10, 2001 Nature Science Update, Trees tell pests to leaf off
Trees signal defenses to insects.
April 6, 2001 Nature, A lighter shade of egg
Laying a final pale egg deters free riding "egg dumpers" by signaling that incubation has begun.
June 10, 1997 New York Times, Frog's Unusual Diet for a Longer Life: A Medley of Toxins
Poisonous frogs adopt different behaviors than their nonpoisonous kin, including brighter colors and dayime activity. (by Verne G. Kopytoff)
March 14, 1997 Financial Times, Lemon economics
Only recently have economists provided explanations for the existence of advertising. It may be informative, reducing the lemons problem, or a commitment device, by "burning money." (by John Kay)
July 6, 1996, More sex is safer sex
Justifies promiscuity and subsidization of condoms by examining probability, imperfect signals, and externalities