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August 7, 2025
Weekly Economic News Roundup and new Coke
August 7, 2025
Coke’s Sweetener Decision

When they choose between using sugar or high-fructose, Coke and Pepsi could be dealing with the Prisoners' Dilemma.

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July 20, 2025
auction economics
July 20, 2025
Why a Birkin Bag and a Sled Are Similar

After knowing the mind-boggling prices for a Birkin bag and "Citizen Kane" sled, only auction economics can explain while they were so high.

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May 6, 2025
Negotiating tariffs and game theory
May 6, 2025
Why Tariff Negotiators Have a Prisoners’ Dilemma

Whether it's the U.S. and China, the EU, or any other country, negotiating tariffs always involves game theory and the prisoners' dilemma.

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November 8, 2024
Weekly Economic News Roundup and rising sea levels
November 8, 2024
What We Need To Know About Paid Time Off

Hoping the U.S. will do what is best for its workers and businesses, economist Betsey Stevenson has a new paid time off proposal.

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December 6, 2022
stock market activity and World Cup
December 6, 2022
What an Economist Might Say to a Goalkeeper

Having entered the knockouts, World Cup rules mandate a penalty shootout that economists can explain with game theory.

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September 29, 2021
sustainable debt
September 29, 2021
A Congressional Debt Ceiling Game (Theory)

Looking at the game theory behind congressional debt ceiling negotiations, we see a classic example of the prisoner's dilemma.

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December 5, 2019
Weekly Economic News Roundup and Prisoners' Dilemma
December 5, 2019
Why the U.S. China Trade War Is like An OPEC Meeting

The one similarity shared by the U.S. China Trade War, OPEC negotiations, and two burglars separated in jail is the Prisoners' Dilemma.

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June 16, 2019
congestion pricing
June 16, 2019
Why Mapping Apps Create the Prisoner’s Dilemma

The success of a decision to use Waze, Google Maps, and other mapping apps to avoid traffic can depend on outsmarting the prisoner's dilemma.

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August 7, 2017
union membership
August 7, 2017
Why UPS and FedEx Have the Prisoners’ Dilemma

Planning their surcharge policy for the holiday shipping surge, UPS and FedEx each was influenced by the Prisoners' Dilemma.

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