Game Theory Explains the Weird Things You Do
People do puzzling things. We buy things to impress strangers, give to charities without checking whether they work, and dig in during negotiations even when a deal would help everyone. Game theory suggests there's a logic underneath all of it. In their 2022 book, Hidden Games, Moshe Hoffman and Erez Yoeli show how hidden incentives shape everything from fashion to altruism. Then Yale professor Barry Nalebuff's 2022 book, Split the Pie, takes that thinking to the negotiating table and asks whether we've been arguing over the wrong number all along. Two books about the games we play, whether we know it or not. 🎁 Save 20% on a Next Big Idea Club membership when you use code PODCAST at nextbigideaclub.com ✉️ Get big ideas in your inbox with our daily newsletter. Subscribe at bookoftheday.nextbigideaclub.com Sponsored By: Quince — Give the gift of quality this holiday season. Go to quince.com/nbid to get free shipping on your order and 365-day returns. Fabric by Gerber Life offers term life insurance you can get done today. Join the thousands of parents who trust Fabric to help protect their family. Apply today in just minutes at meetfabric.com/daily Hostinger — Create your website today for just $1.99. Go to hostinger.com/nbid and use code NBID for an additional 10% off Black Friday and Cyber Monday pricing.