Category Archives: Game theory

Game theory and North Korea

Posted on April 8, 2013 by Barry Hughes

Kim Jong-Un is a new leader in a dangerous situation. Hopefully he’s read up on some game theory! There are lots of ways to look at the North Korean situation through the lens of game theory and this post looks … Continue reading →

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St Petersburg paradox explanation

Posted on March 21, 2013 by Barry Hughes

This is an interesting example from decision theory (which is pretty closely linked to game theory). A (very generous!) casino offers you a game where the pot starts at $1 and on each turn a (fair) coin is tossed. If … Continue reading →

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Keyboards, kids and game theory

Posted on January 17, 2013 by Barry Hughes

The last few months have been a really exciting time for me because my daughter has just started at school. It is amazing to see how quickly kids learn new things once they are at school. She is learning her … Continue reading →

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