Forbes contributors publish independent expert analyses and insights. I am an attorney specializing in sports, litigation, and labor and employment. As I have previously written, the Tour de France is ...

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

What if you could predict your competitor’s next move before they even made it? Game theory gives you the tools to do just that. Have you ever noticed how a new product launched by one brand often ...