In the latest episode of Office Hours, a faculty spotlight series hosted by Darden Admissions, UVA Darden professor Michael Albert discusses whether AI is a bubble and why he is excited about agentic AI.
Originally developed to solve economic problems, game theory is a powerful tool with applications across many fields. It provides insights into diverse areas, from contract design and pricing strategies in business to election systems and military buildup in political science.
Sixty years ago, famous American economist Leonid Hurwicz did groundbreaking research about the economic mechanisms theory. Today, Darden expert is interested in designing mechanisms to solve big challenges like energy usage and traffic flows.