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The theoretical computer scientist Constantinos Daskalakis has won the Rolf Nevanlinna Prize for explicating core questions in game theory and machine learning.
John Nash’s notion of equilibrium is ubiquitous in economic theory, but a new study shows that it is often impossible to reach efficiently.
When divvying something up, there’s more than one way to define what’s fair.
Computer scientists have come up with a bounded algorithm that can fairly divide a cake among any number of people.
Irrationality may be a consequence of the brain’s ravenous energy needs.