Game Theory

What Science Says About Radiohead's 'Pay What You Want' Pricing

| Posted 04.23.2012

Letting customers decide how much to pay for a product seems like a surefire way to go out of business, although bands like Radiohead have used the s...

Toy Theory -- Part II: More Business Tips From Classic Toys

Matt Cohen | Posted 04.14.2012

Matt Cohen

Toy Fair -- the game and toy industry's annual expo -- is here once again, so I thought I'd take another look at what businesses can learn from classic toys.

Can Game Theory Tell Us Something About the GOP Primary?

Matt Dabrowski | Posted 02.21.2012

Matt Dabrowski

Can game theory predict the outcome of the Republican presidential primary? The answer is yes.

A Strategy You Can Hum: Why People Fall Into the Trap of Ignoring Strategic Principles

Matt Cohen | Posted 05.25.2011

Matt Cohen

Stephen Sondheim wrote a beautiful song that provides a great lesson in how to think strategically. (It's kind of like Schoolhouse Rock for business m...

Toy Theory: What Toys Can Teach Us About Business

Matt Cohen | Posted 05.25.2011

Matt Cohen

Game theory is a wonderful tool for determining optimal strategies, but most people don't have time for strategy in their work.

Dispatch From Startup Land: Zuckerberg and Contest Economics

Nicholas Baily | Posted 05.25.2011

Nicholas Baily

If you're the big guy, when small companies get some traction, you partner with them, or buy them. Why pay millions to buy when you can build? Nobody wins unless the whole village wins.

Trapped In Prisoner's Dilemma, More Stimulus Is The Way Out

David Segal | Posted 05.25.2011

David Segal

The stimulus' oft-cited $787 billion figure includes nearly $300 billion in tax cuts, meaning that it represents a split between conservative and interventionist economic philosophy.

I Am Not Paying Higher Taxes to Help the Uninsured

Blake Fleetwood | Posted 05.25.2011

Blake Fleetwood

No social program -- Medicare, social security, rent control, public universities -- that aims to help the poor can ever succeed without appealing to, and paying off, a broad middle class.

Van Jones: The Partisan Politics of Mutually Assured Distraction

Beau Friedlander | Posted 05.25.2011

Beau Friedlander

Van Jones was the best person for the job he just relinquished. He would have helped Republican lawmakers in their districts. He would have created jobs. He would have made a difference.

Nice Guys Finish First, Harvard Study Says

AP | SETH BORENSTEIN | Posted 11.17.2011

WASHINGTON — Screaming sports coaches and cutthroat tycoons have it wrong: Nice guys do finish first, a new study suggests. The Harvard Univers...