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.

The Giddy Tournaments of Capitalism

The giddy tournaments of capitalism

This chapter applies the model of all-pay auctions, where one bidder wins the object but every bidder foregoes their entire bid amount, to explain the over-allocation of resources in electoral contests. It also applies the same model in the winner-takes-all industries of the Internet to argue that the increase in social resources flowing to such industries and the cosy handshake between such industries and elected representatives explain the rapid increase in the money expended in elections.88

In spring, the fancies of the young and innocent turn lightly to love. Meanwhile, the rest of us must be content with the vagaries of the UP election, which certainly cannot be accused of exhibiting the peace of the ...

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