Explore how backward induction helps solve game theory problems by working from the end backward to determine optimal actions. Learn with practical examples.

The burnt toast theory is a metaphor for life that helps people interpret minor inconveniences as having positive ripple effects or a “silver lining.” It’s related to the butterfly effect. While not a ...

Renaud Foucart does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...

Contingency management (CM) is a behavioral therapy technique that encourages beneficial behaviors by giving rewards or positive reinforcement. CM incentivizes certain behaviors and discourages ...

Imagine a rom-com-worthy meet-cute: two strangers might hide from the rain in the same doorway or their dogs’ leashes might get tangled up in the park. Just like that, they fall in love. But a viral ...

String theory captured the hearts and minds of many physicists decades ago because of a beautiful simplicity. Zoom in far enough on a patch of space, the theory says, and you won’t see a menagerie of ...

Rodney Coates does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...

Eligibility: All funded participants must be U.S. Citizens or permanent residents and all participants must be undergraduates (not have received a bachelor's degree) in the fall of 2024. Women, ...

Forbes contributors publish independent expert analyses and insights. Dani Di Placido covers film, television, and internet culture. Have you heard of the Dead Internet Theory? It’s been gaining ...

The Bowen family systems theory, developed by psychiatrist Dr. Murray Bowen, offers profound insights into the dynamics of family relationships and how they shape our lives. This influential theory ...