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How to Free Your Inner MathematicianNotes on Mathematics and Life$
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Susan D'Agostino

Print publication date: 2020

Print ISBN-13: 9780198843597

Published to Oxford Scholarship Online: April 2020

DOI: 10.1093/oso/9780198843597.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 06 June 2020

Cooperate when possible, because of game theory

Cooperate when possible, because of game theory

Chapter:
(p.175) 29 Cooperate when possible, because of game theory
Source:
How to Free Your Inner Mathematician
Author(s):

Susan D'Agostino

Publisher:
Oxford University Press
DOI:10.1093/oso/9780198843597.003.0030

“Cooperate when possible, because of game theory” offers an accessible introduction to the mathematical subfield of game theory—the study of strategic interactions between decision makers—by way of the well-known story of the prisoners’ dilemma. The prisoners’ dilemma offers a thought exercise with real-life applications in interpersonal, commercial, and political negotiations. That is, people, institutions, and countries are wise to cooperate, lest they risk arriving at a worse outcome than if they had cooperated. The discussion is enhanced with numerous hand-drawn illustrations. Mathematics students and enthusiasts are encouraged to cooperate in order to open themselves up to paths that lead to overall better outcomes than if they act alone. At the chapter’s end, readers may check their understanding by working on a problem. A solution is provided.

Keywords:   game theory, strategic, decision, prisoners’ dilemma, cooperate, math, student

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