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Sunday, June 18, 2006
Rivaldo and Gianluigi Buffon...
... are superb economists, writes Tim Harford in the Financial Times. Why so? Well, because their unpredictable play when penalties are taken is pretty much what game theory would prescribe. Read the full piece, "Keep them guessing."
Of course, game theory is all about the choices and actions of rational people. When you stand at the spot with your heart pumping madly as the crowd screams your game, sometimes it might just be enough to get that damn ball somewhere between the bars. And hope the other man guesses wrong.
Of course, game theory is all about the choices and actions of rational people. When you stand at the spot with your heart pumping madly as the crowd screams your game, sometimes it might just be enough to get that damn ball somewhere between the bars. And hope the other man guesses wrong.
