Ian Pitchford

15%
Flag icon
The key to any of these games is sorting out the difference between knowledge and beliefs. Different players in any game are likely to start out with different beliefs because they don’t have enough information to know the true lay of the land. It is fine to sustain beliefs that could be consistent with what’s observed, but it’s not sensible to hold on to beliefs after they have been refuted by what is happening around us.
Prediction: How to See and Shape the Future with Game Theory
Rate this book
Clear rating