Oh, and we pre-record a lot of these, so even if we are planning on using your idea, it may take a while to incorporate it.  All part of the process.  Thanks for your patience!

OK, in this episode:

• How math can turn you into a fortune teller.
• What is a “precise falafel”?
• Is an infinite number of Nick’s a good or a bad thing?  I say good!
• $7 bucks is a lot of money.  Just sayin’
• Expected value of using your Quantum Superpowers to play the lottery.
• The primate brain’s pattern recognition is both kick-ass, and dumb as hell.
• Nick:  “Get out while you can, monkey!”
• The reason Las Vegas is not a Not for Profit city.
• Chess or Poker, that is the question.
• Natufian tribes, genes, and humpin’.

We’ve got a new episode recorded, that I’ll have edited and up on the site by tomorrow at the latest.

To tide you over I’ve compiled a list of Game Theory books that we love.  we’ve been getting a surprisingly large number of emails asking if Tom and I can recommend any great books on the subject.  Well, hell yes we can!

I’m gonna put them into a couple of categories.

Popular Books on Game Theory

OK, I’m going to be totally honest here.  I don’t usually like popular game theory books.  They come off as silly (often).  I know how that must sound coming from me of all people, but hey, that’s just the way it is.

However I DO like a lot of books that are implicitly game theoretic.  That is, they use game theoretic thinking without being all that clear about the fact that they are using the types of reasoning that is inherit to the subject.

Here we go:

The Armchair Economist by Steven Landsburg is just funny.  In fact, Landsburg is himself a game theorist and a rather accomplished one at that.  But, this book is all about everyday life and how economic reasoning (read: game theoretic reasoning) can help make sense of some of the big (well, small) questions we all have about day to day existence.

Landsburg went at it again with this book on more of the same subjects as his last.

Academic (ish) Books on Game Theory

My favorite is this one:

by Herbert Gintis.  It’s mostly just a huge collection of problems.  The only math you need is high school algebra for many of the problems, but having some calculus and linear algebra wouldn’t hurt.

by Philip Straffin.  This book is very introductory and has very little “math”.  It’s small and easy to read.  It’s the first game theory book I read, and it still holds up as a undergrad level intro.

Anatol Rapoport has made massive contributions to game theory in Political Science.  This book is a small intro book with a bit more math that Straffin’s book.  I found it helpful in my first term.

Maynard-Smith changed the face of evolutionary research by introducing the field to game theory.  This is book that did it.  It also serves as a great intro to people who aren’t as mathy.

Cool Books you Might Also Dig

Below are a couple books that you might be into.  They aren’t exactly intro books, but they aren’t “upper level” book either.  Instead they are speculative, or scientific, and approach the subject with a sense of possibility.

This book is about a totally new subject in the social sciences called “behavioral game theory” (which we’ll eventually do a podcast on).  It is not math, it is science.  Instead of looking at the theory of games and the consequences of that theory, they aim to test the theory.  They put people in rooms and actually have them play games and see what happens.  How closely to people stick to the strategies that game theory would predict them to use?  Very interesting!

This book is also by Herbert Gintis, and is a work of philosophy as much as it is a work of game theory.  He thesis is that game theory is to the social and behavioral sciences what calculus is to the physical sciences.  That is, this is his grand unifying theory of the behavioral sciences.  And I totally agree with him.  Read it, and be converted.

• What a ‘Game’ is, mathematically
• Some areas where games apply to real life (most of them!)
• How game theory is applied in biology
• The Prisoners Dilemma game, and
• Why all political campaigns go negative

For more about game theory, a great resource is GameTheory.net.  And I’ll be posting a series of articles on my blog introducing game theory in politics and biology over the next few months.

Apologies

I’ve got two things to apologize for.  First, that it’s taken so long to get this second episode on the web.  After we posted the last one, we were heading right into the last weeks of the term, and lord knows how that goes.

The second thing is that this episode had some technical difficulties.  There is some clipping here and there, and some chucks had to be removed (sorry if that breaks the flow).

At the end of the episode, I’ve appended a short discussion of the Nash Equilibrium in Game Theory.  We’d actually had a section on that within the podcast, but it was too messed up to use.  So, I cut that whole chunk out and we redid it, and added at the end.