In cooperative game theory, the Kalai-Smorodinsky solution reopened the study of bargaining by showing that the long unchallenged Nash solution is not unique. He later axiomatized the Egalitarian ...

New research from The University of Manchester suggests using a strategy linked to cooperative game playing known as ‘game theory’ in order to maximise the potential of finding intelligent alien life.

but how can a cooperative strategy persist in an evolutionary equilibrium? Consider another classic game theory problem - the Prisoners' Dilemma. The conditions of the Prisoners' Dilemma are such ...