Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

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

Why did you decide to pursue this career? I first learned about game theory in high school, before attending university. In Japanese schools, beginning in elementary, junior high, to high school, ...

Ever wonder how nodes are incentivized in a blockchain to ensure trust, consensus and cooperation in a system with no central authority? The answer lies in game theory, the mathematical study of ...