Chimps Are Better at Strategic Reasoning Than Humans Are

Imagine that your boss wants you to work, but you'd rather watch cat videos. Your best strategy is to learn your boss's patterns so that you'll appear hard at work only when she's watching. New research shows that chimpanzees are better than humans at making this kind of Machiavellian deduction. » 6/05/14 12:23pm 6/05/14 12:23pm

The new economics of getting sloshed: using game theory to choose your next drink

Bars across the country are implementing a market-based pricing algorithm that automatically adjusts the cost of drinks from minute-to-minute, based on the ordering trends of its patrons. If the bar is selling a lot of cocktail A, the price of that drink increases. If sales on beverage B are down, the cost of the… » 9/25/12 7:30am 9/25/12 7:30am

Mathematicians figure out how to fend off gold-diggers - with game theory

As any man will tell you (especially in the weeks before Valentine's Day), gift-giving is a tricky business. Although men can use gifts to enhance their chances of getting laid, this can also leave them vulnerable to "gold-diggers" (a highly scientific term that describes women who use the promise of sex to get stuff… » 2/04/11 4:44pm 2/04/11 4:44pm