Ben Hauck’s News Blog

© Ben Hauck. All rights reserved.

“Drivers manoeuvring in heavy traffic are playing a driving game. Bargain-hunters bidding on eBay are playing an auctioning game. A firm and a union negotiating next year’s wage are playing a bargaining game. When opposing candidates choose their platform in an election, they are playing a political game. The owner of a grocery store deciding today’s price for corn flakes is playing an economic game. In brief, a game is being played whenever human beings interact.”

— Ken Binmore, Game Theory: A Very Short Introduction

Go to Top