What Game Theory Reveals About Life, The Universe, and Everything

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John
English
College Students
Concise
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Summary
Game theory reveals insights into cooperation and conflict, illustrated through the prisoner's dilemma. The U.S.-Soviet nuclear arms race exemplifies how rational choices can lead to suboptimal outcomes. Axelrod's tournaments showed that nice, forgiving strategies like Tit for Tat outperform nasty ones, highlighting the importance of cooperation in various contexts, including nature and international relations.
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