Friday, August 17, 2012

The Emerging Revolution in Game Theory - Technology Review

In other worldview back-to-the-drawing board news, see Microbes maketh man (The Economist)
"The world of game theory is currently on fire. In May, Freeman Dyson at Princeton University and William Press at the University of Texas announced that they had discovered a previously unknown strategy for the game of prisoner's dilemma which guarantees one player a better outcome than the other.
That's a monumental surprise. Theorists have studied Prisoner's Dilemma for decades, using it as a model for the emergence of co-operation in nature. This work has had a profound impact on disciplines such as economics, evolutionary biology and, of course, game theory itself. The new result will have impact in all these areas and more."
The Emerging Revolution in Game Theory - Technology Review
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