US based business and technology news website “Business Insider” reports that “They finally tested the prisoner’s dilemma on actual prisoners – and the results were not what you would expect”! Read more on businessinsider.com »
On the 1st of July video course Competitive Strategy was started on the Coursera website. The aim of this course is to provide elementary background on the game theory and also to allow to understand how this theory can be useful in practice.
Course is taught by prof. Tobias Kretschmer from LMU Munich.
Feel free to try!
Previously we wrote about mathematical “puzzle” originating from a TV game (see the description of the Monty Hall problem). This time we shall consider the opposite case – the mathematical “game” used as a base for a TV game. Watch a fragment of the “Golden Balls” final stage called “Split or steal”.
The game is very simple, yet it possesses no correct solution or optimal strategy. Interestingly enough it can also be used as model for understanding social behavior of humans .
Here you can read the full Memorandum of Understanding for the implementation of a European Concerted Research Action designated as COST Action MP0801: Physics of Competition and Conflicts. Memorandum of the COST action MP0801