No words are needed for animals to perform all sorts of problem-solving challenges outplay humans in a strategy game New ...

Here Prof. Dixit explains game theory and its impact on situations we encounter every day. "If Nash got a dollar for every time someone wrote or said 'Nash equilibrium,'" Dixit has said ...

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There are two main types of organisational structure used in businesses – hierarchical (or tall) and flat. A flat structure is an organisational structure with only a few layers of management.

Theory of mind is typically defined as the ability to understand the thoughts, beliefs, desires, and emotions of other people. This understanding allows individuals to predict how others will feel ...

Money remains a foundational question of social theory. What is money? Why does something so insubstantial have value? How do money systems make promises function like valuable things? Why are money ...

Learn about our editorial policies According to the quantity theory of money, the general price level of goods and services is proportional to the money supply in an economy. If the amount of ...

Podcast: APS's Özge Gürcanlı Fischer Baum and Miri Forbes of Macquarie University address how traditional models like the DSM ...

Her expertise is in personal finance and investing, and real estate. Expectations theory attempts to predict what short-term interest rates will be in the future based on current long-term ...

Relaxor ferroelectrics have greatly enhanced electrical and mechanical properties that originate in the materials’ domain ...