Game Theory

Game theory is the standard tool used to model strategic interactions in evolutionary biology and social science. Traditional game theory studies the equilibria of simple games. But is traditional game theory applicable if the game is complicated, and if not, what is? We investigate this question here, defining a complicated game as one with many…

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Why Are We Not Surprised.

Apparently Greece that wonderfully run little third world country in the Mediterranean that is causing the rest of Europe heartburn with its institutionalised dishonesty may miss all of its targets. For an entertaining short piece on how Greece’s level of dishonesty could have been spotted see the always interesting Tim Harford

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