A little ignorance can be a good thing
Picture a city where most drivers use the same navigation app. At 9 am, the app says one side street is the quickest shortcut to get from area A to area B. Thousands of commuters accept this option an…
game theory
4 posts
Lighting the way with Parrondo’s paradox
In science, paradoxes often appear when familiar rules are pushed into unfamiliar territory. One of them is Parrondo’s paradox, a curious mathematical result showing that when two losing strategies ar…
Solve all our problems
This is xkcd #1232. When it came out I remember it was to rebut a particular line of argument against NASA’s lunar and interplanetary missions — that the agency was spending large sums of money that w…
Remembering John Nash, mathematician who unlocked game theory for economics
The Wire May 25, 2015 The economist and Nobel Laureate Robert Solow once said, “It wasn’t until Nash that game theory came alive for economists.” He was speaking of the work of John Forbes Nash, Jr.,…