Game theory and the war
Tim Harford asks, "Can Game Theory Solve the Israel-Lebanon War?"
No.
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August 08, 2006
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» Game Theory and Hizb'allah from Cozy Corner
Any approach to modeling this in game theory must take this into account. For instance, an endstate of "the world blows up" is actually a win for the terrorists (there may be no more Muslims, but we got the Jews!). Interestingly, if the Terror... [Read More]
» Game Theory and Hizb'allah from Cozy Corner
Any approach to modeling this in game theory must take this into account. For instance, an endstate of "the world blows up" is actually a win for the terrorists (there may be no more Muslims, but we got the Jews!). Interestingly, if the Terror... [Read More]
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A pretty superficial analysis. In game theory, what the players optimize is called the "objective function" and it need not be the same for both playes (as it is, for example, in the Prisoners Dilemma.)
Failing to point this out means missing the main point of the current situation.
Posted by: david foster | August 09, 2006 at 12:02 AM
Well, and game theory almost always assumes funny stuff about information and its availability, to say nothing of time constraints and information handling capabilities. Other than that, it nearly perfectly mimics real life. ;->=
Well, actually, it does sometimes provide insight by simplifying a complicated situation.
Posted by: JorgXMckie | August 09, 2006 at 01:07 AM