Saturday, April 4, 2026

January 11, 2009

Game Theory

We hope, however, to obtain a real understanding of the problem of exchange by
studying it from an altogether different angle; this is, from the perspective of a
“game of strategy.”
-John von Neumann and Oskar Morgenstern
Theory of Games and Economic Behavior

The theory of games is a theory of decision making. It considers how one should make decisions and, to a lesser extent, how one does make them. You make a number of decisions every day. Some involve deep thought while others are almost automatic.
-Morton D. Davis

I recently flagged the short entry. Discussing this decision with my collaborators at
The Tinker Factory, our conversation veered off to Game Theory. Stay tuned for more announcements regarding Game theory and all of it’s implications.

Peace

The complexity of a decision is minimized if you view things visually, that is, if you Trade the Picture.
-Mr. Volatility

The Reflection

The Reflection

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