2 notes tagged
game-theory
- Software House and the Prisoner's Dilemma
Prisoner's dilemma is a classic game theory example where 2 "individuals" might not cooperate. The 2 "individuals" in the case of this article will be the Software House (SH) and…
- Trust
Trust is when one person trust another person. We can use Game Theory to model trust behavior among agents. When we trust we can avoid some transactions costs. Uber/AirBnb only…