Game Theory

When people hear the word rational, they usually imagine someone calm, intelligent, objective, and sensible. A rational person, in ordinary language, is someone who thinks clearly and makes good decisions. Game theory uses the word differently. In game theory, a rational player is someone who chooses the action that best serves what he wants, based […]

Every interaction is a game. Every conversation is a contest. Every exchange, no matter how casual it appears, hides a payoff beneath the surface. Most men never see this, because they take words at face value, mistaking smiles for sincerity, advice for kindness, complaints for honesty. They fail to ask the only question that matters: