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Al Roth’s Pioneering Work In “Market Design”

First Friday Book Synopsis

To check out all the resources, sign up for free email alerts, and obtain subscription information, please click here. * * * Al Roth, expert in game theory, experimental economics, and market design, is all about getting economists more [.].

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Nate Silver on Finding a Mentor, Teaching Yourself Statistics, and Not Settling in Your Career

Harvard Business Review

His book, The Signal and the Noise , explains the power of statistical modeling to improve our predictions about everything from the weather to sports to the stock market. But my experience is all working with baseball data, or learning game theory because you want to be better at poker, right?

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How to Make Unlimited Vacation Time Work at Your Company

Harvard Business Review

But there’s some evidence to suggest that showing trust in others actually helps them trust you more – researchers who study game theory consistently find that when one person shows faith in another, the second person’s faith in others also rises.

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Strategy Lessons From Jean Tirole

Harvard Business Review

He then usually brings in the tools of game theory, in which his protagonists have to contend with other rational actors and the moves they might make. In the early 1980s, the game theory approach to studying industries promised to be the next big wave in strategy.