### People are Rational and Generally Make Good Choices: But Can They Be Tricked?

Thursday, 05 October 2017

Yes! You might remember Monty Hall and “The Price is Right”. At end the of the show, the contestant who had won the most money was shown three doors, behind two of which were some cheap junk but behind one was a big prize – maybe a fancy car. They were to choose a door

- Published in Game Theory Blog

2,919 Comments

### Why Game Theory?

Thursday, 05 October 2017

Why do people do stupid things? In our recent book, Game Theory and the Transformation of Family Law, Attorney Allan Koritzinsky and I suggest a bargaining process founded on game theory. But why game theory? Game theory is a branch of mathematics that analyzes how and why people make the choices that they make. Although

- Published in Game Theory Blog

- 1
- 2