So you’re standing at the edge of a cliff, chained by the ankle to someone else. You’ll be released, and one of you will get a large prize, as soon as the other gives in. How do you persuade the other ...
Economic uncertainty, like we are living through right now, can make regular purchasing decisions challenging. Even more so decisions around big life moments, like changing your job, buying a house or ...
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 ...
HAYWARD, Calif. -- There seems to be a strategy for almost everything-- for dieting, investing and even for winning games. The 14-day winning streak for 35-year-old James Holzhauer on "Jeopardy!" has ...
Christina Majaski writes and edits finance, credit cards, and travel content. She has 14+ years of experience with print and digital publications. Robert Kelly is managing director of XTS Energy LLC, ...
The United Auto Workers strike against Detroit’s Big Three—Ford, General Motors, and Stellantis—escalated into its third week on Friday. Workers at two additional plants operated by Ford and GM walked ...
When gasoline is expensive, people grumble that big oil companies like Chevron and ExxonMobil are colluding to keep prices high. They’re wrong. The best way to understand why businesses aren’t ...
(Editor's note: Reprinted with permission from "Hate the Game: Economic Cheat Codes for Life, Love, and Work" by Daryl Fairweather, published by the University of ...
A trio of scientists Joel Mokyr, Peter Howitt, and Philippe Aghion has been awarded with the 2025 Nobel economics prize for their groundbreaking work on “creative destruction” theory. The prestigious ...
World Review of Political Economy, Vol. 14, No. 1 (Spring 2023), pp. 4-33 (30 pages) Whether Marx’s economics and Marxist political economy can be formalized using mathematics is a controversial and ...
Claudia Winkleman, a television presenter with a helmet of shiny hair, is not a typical economics teacher. Yet students should consider her game show. Those learning outside Britain may opt for any of ...
Over the last few months U.S.-China trade relations have been pretty hard to make sense of – unless you look at what's happening through the lens of game theory. Game theory is all about how decisions ...