A decision tree diagram for a hypothetical, simplified conflict between the U.S. and North Korea. The Conversation, via LucidChart, CC BY-ND. This type of game theory analysis provides the ...

Game theory, the study of strategic decision-making, brings together elements of mathematics, psychology, and philosophy. In Neumann and Oskar Morgenstern in 1944, it has come a long way since then.

What does the game tree look like in the next phase of Russia’s war in Ukraine? Russia launched its invasion at the worst possible time from a military logistics point of view, during Ukraine ...