Ideas Worth Exploring podcast

Game Theory part 2: playing chicken with potatoes

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If you ever encounter a situation where you think “who’s going to give in first?” it’s probably a game of chicken. This is the dynamic that shaped the arms races of Cold War, much of modern politics, and probably also quite a few of your interactions with other people. The game of chicken can be analyzed using game theory, and we’re going to start that discussion with a Reddit story of a guy who ruined his relationship by pretending not to know what a potato is. 

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