Play up! Play up! Play the Game (E)
What is Game Theory? This is basically the mathematics of decision-making and is used extensively in economics. We are also going to explore some of the classical problems within this arena, such as how married couples, or bickering neighbours and even warring countries use mathematics in their decision making. Game theory plays a crucial role in our lives and provides startling insights into all endeavors in which humans cooperate or compete. It covers areas varying from biology and politics, to agriculture and economics.