Game Theory and Politics | Public Lecture

Game theory is the 'science of interaction'. This talk will explain some insights of game theory and apply them to current politics.
Of course politicians play games. They offer cheap promises that they think they don't have to fulfil. Such as a "simple" in-out referendum on EU membership. That game plan went wrong. Game theory could have helped, with tools for thinking ahead and concepts of strategy. Game theory can also help explain the incentive problems of climate change and reasons for democratic deadlock. This talk will highlight some uses and mis-uses of game theory and decision theory with examples from politics.
Date: Thursday 20 February 2020
#LSEGameTheory
Speaker:
🔴 Professor Bernhard von Stengel
Chair:
🔴 Professor Jan van den Heuvel
ℹ️ More info: www.lse.ac.uk/Events/2020/02/...

[@amberstiefel9748]

Randomizing the way you randomize is also a good tactic

[@ehteshamali8319]

Nice lecture.

[@thomasraymer1085]

Glad to know that there is a nice way of utilizing it

[@suindude8149]

Politics it's better to batter the good portion to reveal the winning ceremony as the revenue loss dilemma a detrimental economy in the role of the all time but rest assured as zero or negative sum at last.

[@psikeyhackr6914]

Wouldn't mandatory accounting in the schools be a good idea so everyone knows how to play the game and keep score?

[@SaschaRobitzki]

"There was Wolfgang Schäuble, who was then a very popular politician in Greece"?

[@BernhardvonStengel]

Irony maybe?

[@khalilfuller4939]

Lol, little do we know we use game theory in every day life

[@craigbenz4835]

His insights are useful, but not his politics.

[@kinofchaos9085]

Wonder when the 350m a week to the nhs is coming amid the strikes?

[@susannamarker2582]

@@kinofchaos9085 The 350m slogan was simply intended as an example of what is possible if the UK is no longer paying £350m Sterling a week into the EU Budget. In reality, not all of it would go to the NHS, of course. A british government also has other policy areas to attend to, such as education, roads, or defence.

[@kinofchaos9085]

@@susannamarker2582 So plastering 350m a week to the nhs was classic pulling the wool over the public's eyes got it.

[@susannamarker2582]

@@kinofchaos9085 In reality, the slogan should have read : £350m a week more for public services, research and currency reserves. However, all of that is rather long.

[@kinofchaos9085]

@@susannamarker2582 It wont have the same misleading and powerful impact as saying 350m a week to the nhs which the public hold very dear and get lot of visibility. Some thing better would have been only claps for healthcare workers while they should be content getting poorer and poorer with no competition in the market