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Showing posts from January, 2018

Game Theory - Choice

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Games innately appeal to most people. They engage, entertain, challenge, and reward players. They have many forms nowadays including cards, board games, table top role-play, and video games to name a few. Now there are games that involve reaction times and timing, but more often than not what appeals to gamers is making decisions that either improve or hurt their position when played out alongside the decisions of other players. This element of game theory presents in both competitive and cooperative formats. Usually the winning strategy is to reduce or eliminate options from your opponent causing them to act in a limited or predictable way or in the case of cooperative games, to increase the number of options to your allies empowering them with perhaps a more optimal strategy. It turns out this strategy is a far more prevalent and deeper aspect of the human experience itself. In business, a move that puts you a position with greater options is usually the optimal one. In warfar...