Thursday, January 21, 2010

Game theory

Some notes from a lecture on “Game theory and policy” given by Prof. Robert Aumann at my university a few weeks back. Much of the lecture focused on specific political issues and was not worth writing about, but here are some interesting things I heard.

1) A "game" is any situation where you try to ensure that the other person's choices serve your interests.
2) It is rare for both sides to have absolutely opposite goals; for example, rentor and landlord both want a contract to be signed on SOME terms.
3) Israel's enemies are not irrational, rather, their rationality is what makes them dangerous.

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