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Philosophy Talk · August 16 · 51 min

What Is Game Theory?

Game theory is a set of mathematical techniques for thinking about how people should choose when their choices interact. But real people aren’t exactly rational actors. Can a mathematical model explain real-world decisions? How can game theorists account for the fact that we don’t always know each other—or ourselves? Josh and Ray play no games with economist Jonathan Levin, President of Stanford University.

0:00-51:44

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Game theory is a set of mathematical techniques for thinking about how people should choose when their choices interact. But real people aren’t exactly rational actors. Can a mathematical model explain real-world decisions? How can game theorists account for the fact that we don’t always know each other—or ourselves? Josh and Ray play no games with economist Jonathan Levin, President of Stanford University.

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