Games People Play

Game theory plays a crucial role in our lives and provides startling insights into all endeavors in which humans cooperate or compete, including biology, computer science, politics, agriculture, and, most importantly, economics. Game theory is used in economics, corporate decision-making, international diplomacy and military strategy, psychology, and evolutionary biology. Game theory is observable in everyday situations like buying a car, or deciding where to go on a Saturday night. A basic working knowledge of game theory is valuable--it is a tool that sorts through information and offers insight into decisions facing players in games, and in life.