Posts Tagged game theory
I’m not a big fan of the reality show genre. However, it can be surprisingly instructive with regard to game theory. I also want to mention that I’m not an expert on game theory – I’ve read a book or two and some articles – but based on what I’ve read, game theory suggests that outside of a zero sum situation, collaboration is always a more powerful strategy than competition.
The classic game theory model is the “Prisoner’s Dilemma.” Read the rest of this entry »