Behavioral economics and Game theory

Biology, Psychology. 23/09/10

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This episode is with Robert Aumann (94 years old now). He is widely regarded as one of the most influential thinkers in game theory and decision theory. His exceptional work has not only reshaped the way we understand strategic decision-making and cooperation but has also garnered him numerous accolades. In 2005, Aumann was awarded the Nobel Prize in Economic Sciences for his pioneering work in game theory and its applications. His groundbreaking insights have not only advanced our theoretical understanding of strategic decision-making but also have practical implications in various fields, such as negotiations, conflict resolution, and the design of market mechanisms. In this conversation we talk about the topics related to his scientific journey including game theory to study the conflict and cooperation, Nash equilibrium, Aumann Agreement Theorem, Knot theory, rationality, and future directions of game theory.

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