Some friends ask you to go out to dinner with them. It'll be fun, right? Well, if you're like me then it will unleash a living hell of anxiety in your brain. I've been to one or two large dinners in my life, and most of the time they are less than enjoyable experiences. Why?…
Editor's note: this is the second installment in a series on Game Theory. If you are unfamiliar with The Prisoner's Dilemma, it is recommended that you read the intro to the series before diving into this post. From an economic standpoint, militaries are a huge waste of money. Countries around the world spend significant portions…
If you haven't seen A Beautiful Mind, then you may think the term "Game Theory" sounds like some geeky over-interpretation of video game strategies, but it is in fact a complex mathematical discipline that has a wide-ranging array of real-life applications. While many adults might not think a "game" is a very serious term, in the…