Pages

June 20, 2007

Travellers Dilemma in Game Theory

Scientific American reviews the Travellers Dilemma Basically it shows that in real world people are willing to work together so that they can both win or tie in order to get more return on average.

This is relevant for economics and for choices in technology and between nations.

Win-win, Tie-tie with an overall-win situations can be the more popular choice.

0 comments: