Thursday 14 April 2011

Game Theory

Game Theory is the idea that everyone lives their life like a game and every individual only makes decisions for their own personal gain.  It is best explained by a poker game.  Everyone is distrustful of those around them and they try and guess their opponents move before they take any action. 

The game theory actually started when the Soviet leaders tried to plan and control everything. The old politicians knew that interpreting and expressing the general will of the people was impossible so they followed their self intrest.  Game theory was also a way to mathematically analyze poker games.

I believe that the game theory still exists in a large amount of the population today.  People like Martha Stewart and Conrad Black didn't steal money for the good of the people, they did it for their own personal advantage.  People like this play their life like a game.

http://www.youtube.com/watch?v=54Dk3x4osik

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