Game Theory

Two game theorists win the Nobel Prize in Economics. Game theory has been a hot topic for a quite awhile now in several fields: economics, computer science, sociology, political science, etc. Despite its welcoming name, the subject matter is rather mathematical and complex. For a fun and non-technical read on some elements of game theory, specifically the Prisoner's Dilemma, I suggest the last few chapters of Douglas Hofstadter's Metamagical Themas.


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I know how to win the Prisoner's Dillemma. I defect!

DoorFrame | Mon, 10/10/2005 - 11:14am

I seriously recommend Metamagical Themas, which was a regular column on Scientific American way back when.

Here's an example of what Hofstadter did:

He announced a lottery in Scientific American. The prize of the lottery was $1,000,000/N, where N is the number of entries submitted. So if only one person entered, they would win the million dollars. If ten entered, one would win $100,000. If a million people entered, the lucky winner would win $1. There was a catch: you could enter as many times as you want, and all you had to do is send in a postcard with your name, address, and a positive integer representing how many entries you wanted to make.

You can imagine what kind of responses he received, but you should read the essay to find out.

crazymonk | Mon, 10/10/2005 - 11:24am

luuuuuuuuring lottery

nach | Tue, 10/11/2005 - 10:28am

nach, ever the true nerd.

crazymonk | Tue, 10/11/2005 - 10:32am

not that their uberlib slant might be stretching it a bit, but this article goes through numerous Vietnam bombing decisions and Schelling's role in them:
http://www.slate.com/id/2127862/nav/tap2/

"Schelling's lessons can be seen clearly in the classified memorandums reproduced in The Pentagon Papers, the top-secret history of the Vietnam War that Daniel Ellsberg leaked to the New York Times."

Ms. Flea M. Blowface III | Wed, 10/12/2005 - 11:29am

whi72zjbqqv1fhu1

Gwendolyn Daniel | Wed, 11/12/2008 - 8:30pm

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