Game Theory
Accounts of the success of operations research during the war, publication in 1944 of John von Neumann and Oskar Morgenstern's Theory of Games and Economic Behavior (Von Neumann & Morgenstern 1944) on the use of game theory for developing and analyzing optimal strategies for military and other uses, and publication of John William's The Compleat Strategyst, a popular exposition of game theory, led to a greater appreciation of mathematical analysis of human behavior.
But game theory had a little crisis: it could not find a strategy for a simple game called "The Prisoner's Dilemma" (PD) where two players have the option to cooperate for mutual gain, but each also takes a risk of being suckered.
Read more about this topic: Evolution Of Cooperation
Famous quotes containing the words game and/or theory:
“The indispensable ingredient of any game worth its salt is that the children themselves play it and, if not its sole authors, share in its creation. Watching TV’s ersatz battles is not the same thing at all. Children act out their emotions, they don’t talk them out and they don’t watch them out. Their imagination and their muscles need each other.”
—Leontine Young (20th century)
“Don’t confuse hypothesis and theory. The former is a possible explanation; the latter, the correct one. The establishment of theory is the very purpose of science.”
—Martin H. Fischer (1879–1962)