2019-484

The Herding Effect In Crowdfunding Platforms

Online crowdfunding platforms such as Kickstarter.com are filled with thousands of potential projects, and it may be hard to tell which ones will actually be successful and take off. On such platforms, individual backers select projects to which they donate money. Once a project receives 100% funding, all of the backers get some reward, such… Read more The Herding Effect In Crowdfunding Platforms

Oncologists vs. Cancer: A Game Theory Approach

In our discussion of game theory so far, we have stressed that what we choose to do depends heavily on the possible choices of the people we interact with. And, we have also emphasized that everything within a particular game is occurring simultaneously. For example, a soccer player deciding whether to kick left or right… Read more Oncologists vs. Cancer: A Game Theory Approach