Summary
Contents
Subject index
The telecom war between Reliance Jio and Airtel was only a preamble to the impending battle between Google and Jio. Nitish Kumar broke the mahagathbandhan while seeming to try to bend RJD to his will. All the schmoozing between Trump and Xi hasn’t reduced the North Korean nuclear threat. Could we have predicted these outcomes before they actually happened? Yes we could have—not with IQ or EQ, but with ‘Game Theoretic Quotient’. A new intelligence, a new way of looking at the world. Game Sutra highlights the underlying strategic considerations of entities as diverse as heads of state, bitcoin miners and CEOs of internet companies to explain their decisive choices. Immerse yourself in its heady mix of cogent fact and smart analysis to develop your ‘game theoretic quotient’. Your world will never be the same again.
When Being Paranoid Is OK
When Being Paranoid Is OK
People are often risk averse, that is, they choose strategies that maximize their payoffs, assuming the other players are hell bent on pushing them down as much as they can. This line of reasoning is only reasonable in ‘zero-sum games’ where the interests of the players are entirely opposed to each other. Such games also often require unpredictability through the use of randomized strategies. Thus, this chapter on zero-sum games provides a valuable insights into the correct application of the commonly observed risk averse behaviour of people, as well as of the use of mixed strategies to achieve unpredictability.
When confronted with the prisoners’ dilemma,79 a lot of people choose the ‘confess’ strategy for the reason ...
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