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Game Theory Archives - Farnam Street

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The key to major changes on a societal level is getting enough people to alter their behavior at the same time. It’s not enough for isolated individuals to act. Here’s what we can learn from … In this classic game theory experiment, you must decide: rat out another for personal benefit, or cooperate? The answer may be more complicated than you think. *** What does it take to make people … Earlier this year, a prominent friend of mine was tasked with coming up with a list of behavioral economics book recommendations for the military leaders of a G7 country and I was on the limited email … When I think about the world in which we live and the organizations in which we work, I can’t help but think that few people have the intellectual honesty, time, and discipline required to hold a … Some college students used game theory to get an A by exploiting a loophole in the grading curve. Catherine Rampell explains: In several computer science courses at Johns Hopkins University, the … From Game

Coordination Problems: What It Takes to Change the World The key to major changes on a societal level is getting enough people to alter their behavior at the same time. It’s not enough for isolated individuals to act. Here’s what we can learn from … Prisoner’s Dilemma: What Game Are you Playing? In this classic game theory experiment, you must decide: rat out another for personal benefit, or cooperate? The answer may be more complicated than you think. *** What does it take to make people … Books Everyone Should Read on Psychology and Behavioral Economics Earlier this year, a prominent…

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