A series of closely interrelated essays on game theory, this book deals with an area in which progress has been least satisfactory--the situations where there is a common interest as well as conflict between adversaries: negotiations, war and threats of war, criminal deterrence, extortion, tacit bar
Two MIT economists show how game theory—the ultimate theory of rationality—explains irrational behavior We like to think of ourselves as rational. This idea is the foundation for classical economic analysis of human behavior, including the awesome achievements of game theory. But as behavio
- By Joshua Gans
The Musk-Twitter dispute end state can surely be worked out using game theory. If they don't settle, there is a probability, p, that the judge rules for specific performance (paying $54 per share) and 1-p just for the $1b penalty. 1/n
As Machine Learning predictions become more accurate, the assumptions behind Nash game theory are pushed to the limits of their validity because of the prediction<->decision feedback loop. Game theory needs to be adapted with a shift of paradigm.
Chris says he isn’t the best poker player in the world, but he may be the most profitable. Pro poker player Chris Sparks is training for the highest-stakes tournament he has ever played in after a long sabbatical. He says he has already decided he is going to win, and now he is doing the necessary
open.spotify.com 114 min
Do you know how to play the game you're in? In finite games, like football or chess, the players are known, the rules are fixed, and the endpoint is clear. The winners and losers are easily identified. In infinite games, like business or politics or life itself, the players come and go, the rules
From a young age Magnus Carlsen had aspirations of becoming a champion chess player. While many players seek out an intensely rigid environment to hone their skills, Magnus’ brilliance shines brightest when surrounded by his loving and supportive family. Through an extensive amount of archival foota
"Characteristics of Games" offers a new way to understand games: by focusing on certain traits--including number of players, rules, degrees of luck and skill needed, and reward/effort ratio--and using these characteristics as basic points of comparison and analysis. These issues are often discussed
The Expected Goals method is football's best-kept secret. The metric gives unparalleled insight into which teams and players are performing at the highest level. Professional gamblers have used Expected Goals to make millions through football betting. Club scouts have used Expected Goals to identif
You can submit a missing content under Game Theory.