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Presh Talwalkar

The Joy of Game Theory: An Introduction to Strategic Thinking

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  • utiutsцитируетв прошлом году
    If you're not winning the game you are playing, you must change the game and play by your own rules.
  • utiutsцитируетв прошлом году
    Either we must give up the hope that societal preferences could be rational [in the economics sense] ... or we must accept dictatorship.” (Microeconomic Theory by Andreu Mas-Colell, Michael D. Whinston, and Jerry R. Green).
  • utiutsцитируетв прошлом году
    The yardstick for successful people is different than for unsuccessful people. Successful people are criticized for times they fail. Unsuccessful people are praised for times they achieve.
  • utiutsцитируетв прошлом году
    The lesson is that social planning is necessary to coordinate drivers for the optimum. And that means it is sometimes best to limit options.
  • utiutsцитируетв прошлом году
    3. The Threat To Repeat Punishment Has To Be Credible
  • utiutsцитируетв прошлом году
    2. The Target Audience Should Witness The Punishment
  • utiutsцитируетв прошлом году
    1. The Penalty Should Be Enforced Quickly
  • utiutsцитируетв прошлом году
    The principle of embarrassment can be described as a strategic move that turns a simultaneous game (trying to silence every student at once) into a sequential game (silencing one student and telling every other student they could be “next in line”). Here are some tips when using this strategic move.
  • utiutsцитируетв прошлом году
    Since you start at the end, this technique for solving a game is called backwards induction.
  • utiutsцитируетв прошлом году
    Method 5: Appear Crazy (At Your Own Risk)
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