Games people play : game theory in life, business, and beyond
DVD
Games people play : game theory in life, business, and beyond
-- Game theory in life, business, and beyond
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Ever since modern game theory-the scientific study of interactive, rational decision making-achieved prominence in the mid-20th century, it has proven instrumental in helping us understand how and why we make decisions. Game theory has become an invaluable tool for economists, underpinning the theories of five Nobel Prize winners in economics; helps corporate decision makers through the alternatives of complex negotiations where thousands of jobs and billions of dollars may be at stake; plays a crucial role in international diplomacy and military strategy, influencing the fates of nations even when that influence may well be invisible to the uninitiated; and provides insights into the origins of human behaviors, not only for psychologists seeking to understand why we act as we do, but also for evolutionary biologists asking how those patterns of actions, as human strategies, were handed down.
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