Below is an extract of a post published on Guardian titled "Boris Johnson takes note of Trump's game theory to keep EU guessing on Brexit | Larry Elliott"
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Make america great again.- Donald Trump.
What counts is not necessarily the size of the dog in the fight. It's the size of the fight in the dog.- Dwight D. Eisenhower.
The best executive is the one who has sense enough to pick good men to do what wants done, and self-restraint to keep from meddling with them while they do it.- Theodore Roosevelt.
Discipline is the soul of an army. It makes small numbers formidable; procures success to the weak and esteem to all.- George Washington.
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Via: Guardian
New PM has changed UK tactics of chicken while US and China battle to see who blinks first Two cars are hurtling towards each other down a narrow country lane. Both have the option to pull over but neither driver wants to give way first. What happens next? This is the sort of scenario that lies at the heart of game theory, the use of models to show how rational decision-makers interact with each other. Game theory is big in economics and, in the current circumstances, that’s hardly surprising because two key political issues lend themselves to game theory analysis. Related: When Trump turns up the heat on trade, Americans will feel it too Continue reading…
