Game theory is using mathematical models to come up to
strategic decisions or making strategic decisions related to the game theory.
In psychology, politics and other sciences that use strategies, “Rock, Paper,
Scissors” give us the idea, application and relevance of the game theories in
these fields. The first chapter, “trapped in a matrix” that relates one of the
dilemmas mentioned in the book. The second chapter where there is the
introduction about the concepts of minimax and fair division. Chapter three
which the “seven deadly dilemmas” is discussed that became the most interesting
part of the game theory. These 7 dilemmas are: Prisoner’s Dilemma, Tragedy of
the Commons, Free Rider problem, Brinkmanship, Volunteer’s Dilemma, Battle of
the Sexes and Stag Hunt. The 4th chapter was about the title itself “rock,
papers, scissors” that can be used in resolving conflicts in the game by using
strategies and resembling it to the “rock, papers, and scissors” game
situation. While the chapters five to eight were science-related topics.
Reading this book teach me the idea of life at different
strategic decisions. Strategic decisions in life that can be use to escape the consequences
and dilemmas in game theory-like life.
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