In repeated social interactions, extortionate behaviour can pay off. This conclusion was reached by US scientists a few years ago. According to their calculations, strategies based on extortion can be ...

The Prisoner’s Dilemma is a popular experiment among game theoreticians, which they use to study human social conduct. It involves two players, each of whom has no knowledge about the other, deciding ...

A report in the New York Evening Post in 1817 fell into the trap. "J. Sommers [sic], a Jew Pawn-Broker, in Chatham-street" the story ran, "was convicted and fined on Friday last, one hundred dollars, ...

This news release is available in German. Participants in major political conferences could write a book about it: negotiations constantly fail due to the uncooperative and selfish behaviour of ...