The Great Game Theory Guide: #17 — How To Hack Your Life With Applied Game Theory

Learning shortcuts to everything

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Photo by JT on Unsplash

Another way of describing game theory is the observation of a set of ideas and numbers that describe the past, present, or future state of something particularly strategic interactions between two or more individuals or groups (players) in a situation containing set rules and outcomes.

Game theory used in a number of disciplines and can be applied to make individual choices in everyday life. The theory has most notably used as a tool within the study of economics, particularly in politics, sports, and international affairs. The economic application of game theory can be a valuable tool to aid in the fundamental analysis of industries, sectors, and any strategic interaction between two or more firms or individuals who need to strategize to create maximum benefit at the lowest possible cost.

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Photo by Jeswin Thomas on Unsplash

The Takeaway

If you are looking for a shortcut around game theory or winning the game of life, some way to “hack” it all, there is none. Game Theory is not a gamble. It is the short cut. It is the ultimate hack

The Source of this Story

This story was created from my seminar notes for (Harrison’s Applied Game Theory). To follow all of my extended Great Game Theory Guide postings and stories, check out the Table of Contents for the first few Medium.com postings at:

Lewis Harrison’s Great Game Theory Guide — Table of Contents

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by pixabay

Introduction to the On-Going Series

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The Best Introduction to Game Theory, Simple and Easy to Understand — Written for a 12-Year-Old

If you are still a bit confused about how to apply game theory in your daily life watch the 15-minute video interview with me below, Just click on the URL.

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Photo by Glenn Carstens-Peters on Unsplash

Written by

I offer advice on the arts, innovation, self-improvement, life lessons, mental health, game theory strategies, and love. LewisCoaches.Medium.com

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