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  • Solution To An N Players Game
    4,093 words
    Sam Vaknin's Psychology, Philosophy, Economics and Foreign Affairs Web Sites Consider this: Could Western management techniques be successfully implemented in the countries of Central and Eastern Europe (CEE) Granted, they have to be adapted, modified and cannot be imported in their entirety. But their crux, their inalienable nucleus can this be transported and transplanted in CEE Theory provides us with a positive answer. Human agents are the same everywhere and are mostly rational. Practice be...
  • Interdependence Rational Behavior In Game Theory
    407 words
    Game Theory (Strategic Thinking in Everyday Life) Have you ever been faced with having to live with a decision you made knowing that had you taken the time to analyze the outcomes you may have made a more intelligible choice? Most likely the answer to that question was 'yes'. Afterall that is more - or - less is what life is about, a series of choices and the outcomes we are faced to live with as a result of our decisions. Well your probably asking yourself 'What does this obvious statement have...
  • Game Theory Deals With Competitive Situations
    815 words
    GAME THEORY One possible application of Game Theory is in advertising. Advertising involves the promotion of products and services so as to expose the product or service to a greater number of people. The goal of advertising is to make more people aware of a company's product or service so that more people would avail of this product or service, and this would mean more revenues for the company. One way that a company can approach this goal is to expand the current market of consumers. This woul...
  • Hasbro Board Game Monopoly
    1,079 words
    All I Ever Needed To Know About Microeconomics I Learned From The Board Game MonopolyTM All I ever needed to know about microeconomics I learned from the Hasbro board game Monopoly. I hope that my teacher does not find the above statement too offensive, and put the zero on my paper before he even reads this. Some people, like myself, need practical models in order to understand certain concepts and theories. In our text book The Economy Today it completely ignores the intrinsic value of business...
  • Games
    335 words
    You can learn many things just by looking around a room or observing outdoors. Just about everything is made up of something mathematical. Some examples are music, art, technology and numerous others. I recently learned that Pythagoras was considered the Father of Mathematics. The Golden Rectangle was used by the Greeks in many ways and we continue to use these same principles today. It is interesting to learn that many of the games of yesterday and today are nothing more than calculative strate...

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