**Game Theory** is a ~~ludological~~ mathematical concept used in economics, for example. It studies behavior optimization during conflicts of interest, usually two people or players. In short, it is the study of strategic choices.

By optimizing strategy, it can prevent tragedy. Because of this, some people even received the Nobel Prize in Economics for game theory.

The most important representative is John von Neumann the most important thinker of game theory, who participated in developing computers and DNA and even contributed to the Manhattan Project.

## Beliefs[edit | edit source]

### Prisoner's Dilemma[edit | edit source]

For cooperation to prove stable, the future must have a sufficiently large shadow [...] the importance of the encounter [...] must be great enough to make [noncooperation] an unprofitable strategy

Robert Axelrod

**Prisoner's dilemma** is a problem that game theorists analyze. It is based on the fact that one of the players can gain if he betrays someone. If both testify, they will lose; if no one testifies, both will gain.

A is Confessing | A is Denying | |
---|---|---|

B is Confessing | Both medium prison sentenment | A: Freedom B: Long prison sentenment |

B is Denying | A: Long prison sentenment B: Freedom |
Both short prison sentence |

To optimize and still have some compromise, you have to:

- Be cooperative - don't take the easy way;
- Be forgiving;
- Be firm - lead with confidence;
- Be honest;

This problem occurs almost at every turn, but in other cases than with prisoners.

## Further Information[edit | edit source]

### Wikipedia[edit | edit source]