In economics, the standard approach to language is that talk is cheap. Here, instead, language is a social convention that affects utility. Unless language is used in its ordinary sense, it cannot help to coordinate actions because there is no way of decoding it. This points to a unique...

A Nash equilibrium can also be seen as a Cournot-Nash equilibrium, though this is debated because Cournot provided a specific application, not a general formulation. In my view, another of Nash's fundamental contributions stands out when contrasting him to Cournot. Cournot treated economic...

We present a game show that we claim can serve as a proxy for the notorious Sleeping Beauty Problem. This problem has divided commentators into two camps, 'halfers' and 'thirders'. In our game show, the potential awakenings of Sleeping Beauty, during which she will be asked about the outcome of...