Alternating between two losing gambles can lead to winning

Internet auctions take a strange turn in allocating ova to highest bidders.

Lack of Internet pricing schemes leads to a tragedy of the commons and high congestion.

Examines how future-looking utility-functions can call rationality into question.

Understanding incentives may explain why helmet laws increase fatalities

Rules for negotiation and repeated encounters

Describes how the game of chicken applies not only to film versions of teenage angst, but also to common business situations. (by John Kay)

Summarizes the theory of first versus second and private versus common value auctions but also discusses the role of addiction to auctions.

International relations: replacing game-theoretic models with ones from geology

Primitive phages, bacteria-infecting viruses, play the prisoner's dilemma on a genetic, evolutionary level.

How online auctions worsen the winner's curse by introducing more and more irrational bidders.

Quantum computing can revolutionize game theory with a new breed of mixed strategies

Incorrectly describes a stock market bubble as a prisoner's dilemma but does describe the boundedly rational greater fool theory.

Letter noting that dramatists can view character development in terms of game theory.

Drama Theory attempts to reconcile game theory with irrationality, emotional commitment.

Moral hazard in the Fed's bailout of Long Term Capital Management

Risk management and incentive pay in physician groups.

Famous people describe their decision-making paradigms

An introduction to Nash equilibria in coordination games and their associated problems in practice, including equilibrium selection. (by John Kay)

A brief letter on game theory 's use in business to model interactive decision-making.

Evolutionary game theory explains how animals react to meeting a rival from the same species face to face. (by Mike Mesterton-Gibbons and Eldridge S. Adams)

Can cooperation in prisoner's dilemma -type games evolve without repeated interaction, through indirect reciprocity?

A book review of A Beautiful Mind about John Nash.

Mixed strategies provide a solution for working and shirking in a mythical kingdom.

Both high and low auto insurance premiums can be self-fulfilling prophecies, as two equilibria exist. The better equilibrium, overcoming adverse selection, may come about by mandating insurance. (by Steven E. Landsburg)

Describes the use of tit for tat throughout the natural world and notes Axelrod's findings.

Suggests Shubik's dollar auction as a fun family activity (though offers no disclaimer to the likely feud that will result).

Why beating the S&P is like playing matching pennies

Discusses the operation of legal cartels in the ocean shipping industry.

Reducing sentences for art thieves in return for stolen art creates perverse incentives to steal more.

Pollution regulation is a prisoner's dilemma between companies and regulators

Poisonous frogs adopt different behaviors than their nonpoisonous kin, including brighter colors and dayime activity. (by Verne G. Kopytoff)

Zero-tolerance policing is a game of chicken between cops and sociopaths.

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)

The new round of the FCC specrum auctions received low prices in some areas, due to bidding increment rules and relatively low turnout.

Examines strategic moves that result in other participants paying you to play the game.

Bayesian networks underly many of Microsoft's technologies, from diagnosing problems to knowing when a user needs advice.

Bell Atlantic Chairman explains use of game theory in modern management

Justifies promiscuity and subsidization of condoms by examining probability, imperfect signals, and externalities

Reflections on the role of math and game theory in business

A winning poker player shares his formula for success, which apparently includes a flawed, rudimentary understanding of game theory. (by Alan Deutschman)

Describes people's attitudes towards very unlikely risks, and the implications for finance, insurance, and government policy. (by John Kay)

Discusses the role of game theory in business

Mock-interview of Star Trek's Spock incorporates rationality and common knowledge

Examines alternatives to the electoral college and the strategic voting implications of each.

John Nash biographer Sylvia Naser discusses the Game theorist's life and work.

The Greenhouse Effect results from a tragedy of the commons which can be overcome with tit-for-tat strategies.

Argues that even though employees free ride on union power by receiving benefits without being members, this is a valid check on union power.

The cornerstone article popularizing the notion of tragedy of the commons.