is also a theory of economic, political, and
military behavior.
It establishes optimal strategies
in competitive and cooperative situations
such as whether a prisoner should rat on his collaborator,
or whether President Kennedy should have threatened
to nuke Russia and invade Cuba.
Gaming is serious
According to von Neumann,
economists should use convex sets
and the topological fixed-point theorem,
but of course, at the time, economists
didn’t know shit about convex sets
and the topological fixed-point theorem.
In fact today economists
have trouble competing with monkeys
throwing darts.
How can this be
when they are fooling
with other people’s life savings?
And don’t get me started on whether
politicians and generals use optimal strategies
instead of just trying to look good.
Life as a game
With the right attitude
challenges are fun.
Two can convert
zero-sum to win-win
and stay a step ahead
to beat the band.
“Ob-la-di, ob-la-da,
life goes on, bra!”
If you examine something closely enough and look hard
enough, and you begin to approach the essence of purity, then the
observable universe gradually conforms to the idea.
In addition to being applicable to economics, politics, and
military behavior, game theory has been used to explain animal
behavior and evolution.
If you examine something closely enough and look hard enough, and you begin to approach the essence of purity, then the observable universe gradually conforms to the idea.
In addition to being applicable to economics, politics, and military behavior, game theory has been used to explain animal behavior and evolution.
See also in The book of science:
Readings on wikipedia: