Friday, April 15, 2005
Game theory
As most of you have probably already surmised, I am at best a hack on the economic theory side of the fence. As I read to reduce my hack level (well, at least I am trying to), I keep coming across some very interesting things on game theory. I found a fairly unattractive, but informative starter website on this. Game theory seems just as related, if not more, to communication theory. Maybe old hat to you. Just sharin'
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Prisoner's Dilemma focuses on the individual prisoner's choice(s), at least, it does in traditional game theory. Weird tit-for-tat explains the dilemma as well. A new twist on things.
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