Tag Archives: business

Trapped by a prisoners dilemma

I am lucky to live in the beautiful city of Bath in the south-west of England. Bath is renowned for its Roman Baths and Georgian architecture but its council has fallen into a prisoners dilemma. The city has three main … Continue reading

Posted in Business | Tagged , , , , | Comments Off on Trapped by a prisoners dilemma

Game theory of takeovers

If you are a shareholder in a company that is the subject of a takeover bid then would you want the raider trying to acquire your company to promise to take millions out of the company once they gained control? The natural … Continue reading

Posted in Business | Tagged , , , | Comments Off on Game theory of takeovers

Changing the game by playing it

I don’t want to belong to any club that will accept me as a member! Groucho Marx famously said that he would not want to be a member of any club that would want him as a member. This is … Continue reading

Posted in Business | Tagged , , , , | Comments Off on Changing the game by playing it