weekly economic news roundup and prisoner's dilemma and game theory
Economic Thinkers
A Congressional Debt Ceiling Game (Theory)

Looking at the game theory behind congressional debt ceiling negotiations, we see a classic example of the prisoner’s dilemma.

Weekly Economic News Roundup and Prisoners' Dilemma
What's Trending
Why the U.S. China Trade War Is like An OPEC Meeting

The one similarity shared by the U.S. China Trade War, OPEC negotiations, and two burglars separated in jail is the Prisoners’ Dilemma.

neighborhood characteristics
What's Trending
Why Mapping Apps Create the Prisoner’s Dilemma

The success of a decision to use Waze, Google Maps, and other mapping apps to avoid traffic can depend on outsmarting the prisoner’s dilemma.

Weekly economic news roundup and holiday shipping
Demand, Supply, and Markets
Why UPS and FedEx Have the Prisoners’ Dilemma

Planning their surcharge policy for the holiday shipping surge, UPS and FedEx each was influenced by the Prisoners’ Dilemma.

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