New notion of bounded rationality reveals game theory's flawed assumptions.
The article discusses a new concept called bounded rationality in games, where players' decisions are influenced by the time it takes to compute them. By applying this concept, the researchers found a direct link between a player's winning strategy and the difficulty of factoring integers. They also showed that games with computable payoffs have equilibria in this model, even with a countable number of actions. This means that certain games, like the Largest Integer game, can have equilibria even if traditional game theory methods fail to find them.