When Game Theory Takes Us on a Ride

Dialogues économiques
OCTOBER 27, 2020
According to game theory, free competition is not always ideal for society. Economists Gaëtan Fournier and Marco Scarsini use this perspective to study the spatial competition between several retailers. The retailers choose the location of their business to maximize their profits. According to the researchers’ model, pursuing an individual profit leads to stable but undesirable situations for the common good.
Read the article on
https://www.dialogueseconomiques.fr/en/article/when-game-theory-takes-us-ride

Latest publications

"Les mots de l'éco" a quiz for informed citizen
Public debt, inequality, degrowth… Come test your knowledge of economic concepts that shape public debate...and are often misunderstood !
Swearing to tell the truth: taking an oath genuinely reduces witness lying
An article published on the CNRS SHS institute website that highlights research on oath, conducted by an interdisciplinary team of psychologists and economists, including Stéphane Luchini (CNRS, AMSE).
What does Thomas Piketty's report on global justice mean for financial markets?
A column by Alain Trannoy (EHESS, AMSE), published by 'Le Cercle des économistes'.