The Curse of Game Theory: Why It’s in Your Self-Interest to Break the Rules of the Game
Game theory, the mathematical theory of games of strategy, was developed by John von Neumann in several successive stages in 1928 and 1940-41, according to his book “Theory of Games and Economic Behaviour” which he co-authored with Oskar Morgenstern. The crux of the theory is that an individuals’ behaviour will always be motivated towards achieving…