Game theory and economics in the news
October 1, 2003 | eWeek, Zeroing in on site and security flaws
Computer system security is not simply a probabilistic exercise since hackers are strategic actors. Game theoretic thought is required.
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November 17, 2002 | San Francisco Chronicle, Key Enron energy trader excelled at power game
Timothy Belden, at the center of the Enron scandal, studied game theory at Berkeley.
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November 5, 2002 | New York Times, Departing Chief Says I.R.S. Is Losing War on Tax Cheats
Auditing tax payers requires mixed strategies but greater enforcement costs require proportionally greater funding.
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October 23, 2002 | Slate, Should we pay off the sniper?
Payoffs may encourage copy-cats, a moral hazard but may be worth considering if the threat is sufficiently credible
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February 1, 2001 | ABC News, Coins and Confused Eyewitnesses
Bayes Rule suggests that it is likely that an eye witness picks the wrong person.
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June 1, 2000 | New York Times, Managing online security risks
Proper assignment of liability creates the incentives for those best able to manage risk to do so.
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April 19, 1997 | New Scientist, Game theory backs crackdown on petty crime
Zero-tolerance policing is a game of chicken between cops and sociopaths.
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