Gladiators, Pirates and Games of Trust

Download or read book Gladiators, Pirates and Games of Trust written by Haim Shapira and published by Duncan Baird Publishers. This book was released on 2017-02-16 with total page 133 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides many humorous anecdotes and insightful examples of how our daily lives are affected by Game Theory. Game Theory is the mathematical formalisation of interactive decision-making - it assumes that each player's goal is to maximise his/her benefit, whatever it may be. Players may be friends, foes, political parties, states, or any entity that behaves interactively, whether collectively or individually. One of the problems with game analysis is the fact that, as a player, it s very hard to know what would benefit each of the other players; some of us are not even clear about our own goals or what might actually benefit us.