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Game Theory: How Other People's Strategies Rule Us

9.99 €
In stock
Game Theory: How Other People's Strategies Rule Us
9.99 €
In basket
Game theory is a method of decision making. It assumes that the goal of each player is to maximize his or her own benefit, whatever that may be. Friends and foes, political parties and nations can play, in other words, anyone or anything can play. There is one problem with game analysis: it is very difficult for a player to know what will benefit everyone else, and some of us have difficulty even imagining our own goals and benefits. Chaim Shapira uses many examples to show what game theory is and how various interactions between decision makers can end. "Can game theory improve our ability to make everyday decisions? Here, opinions differ. Some experts are convinced that game theorists have a decisive influence on almost all events in the world. But there are also experts who believe that game theory is nothing more than entertaining mathematics, and they do not want to give in. The truth is hidden somewhere in between these poles, although not exactly in the middle. In any case, game theory is a fascinating area of thinking and it gives us a lot of insight into solving a wide variety of life problems." (Chaim Shapira)
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