Control theory is the study of how one can use feedback to modify the behavior of a system — such as a robot, vehicle, chemical or biological process, power grid, stock portfolio, or an ecosystem — so ...

Paulson, Elisabeth C., Igor Linkov, and Jeffrey Keisler. "A Game Theoretic Model for Resource Allocation Among Countermeasures with Multiple Attributes." European Journal of Operational Research 252, ...

Most game theory models don't reflect the relentlessly random timing of the real world. In a new article, two economists and a physicist model what happens when players receive information or act at ...

Applying the rational choice principle that forms the basis of game theory can help readers better understand decisions made by characters in classic texts ranging from from The Bible to Catch 22.

Employing a game theory model, researchers demonstrate how strategic decisions influence the environment in which those decisions are made, alterations which in turn influence strategy. Their analysis ...

Anna Nagurney does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...