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5 Things You Should Know About Game Theory
And how to apply it to your daily life
Much of my work, including the creation of life strategies, the study of business, investing, and general problem-solving is based on Harrison’s Applied Game Theory (HAGT), a system I developed for helping people to make wiser decisions in group interactions.
It might be helpful before we explore how you are going to reinvent your life we begin with a short introduction to the basics of HAGT. Below is an article (a 6-minute read) as well as a more in-depth video embedded in the article. Both were created so they would be understood by a 12-year-old.
Game theory is the study of strategic decision making. Specifically, it is “the study of mathematical models of conflict and cooperation between intelligent rational decision-makers.” An alternative term suggested “as a more descriptive name for the discipline” is interactive decision theory. Game theory is mainly used in economics, political science, and psychology, as well as logic, computer science, and biology.
