A Quote by Colin Camerer
Game theory is a branch of, originally, applied mathematics, used mostly in economics and political science, a little bit in biology, that gives us a mathematical taxonomy of social life, and it predicts what people are likely to do and believe others will do in cases where everyone's actions affect everyone else.
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Mathematical economics is old enough to be respectable, but not all economists respect it. It has powerful supporters and impressive testimonials, yet many capable economists deny that mathematics, except as a shorthand or expository device, can be applied to economic reasoning. There have even been rumors that mathematics is used in economics (and in other social sciences) either for the deliberate purpose of mystification or to confer dignity upon common places as French was once used in diplomatic communications.
It is clear that Economics, if it is to be a science at all, must be a mathematical science ... simply because it deals with quantities... As the complete theory of almost every other science involves the use of calculus, so we cannot have a true theory of Economics without its aid.
Unbreakable is a little bit Starship Troopers and a little bit Esmay Suiza, with a dash of Firefly for flavor. W. C. Bauers gives us everything we want in our military science fiction, but never allows the hardware and action to overshadow Paen and everyone else caught in the crossfire.
A taxonomy of abilities, like a taxonomy anywhere else in science, is apt to strike a certain type of impatient student as a gratuitous orgy of pedantry. Doubtless, compulsions to intellectual tidiness express themselves prematurely at times, and excessively at others, but a good descriptive taxonomy, as Darwin found in developing his theory, and as Newton found in the work of Kepler, is the mother of laws and theories.
Paradoxically, it has turned out that game theory is more readily applied to biology than to the field of economic behavior for which it was originally designed
... the word "theory" ... was originally an Orphic word, which Cornford interprets as "passionate sympathetic contemplation" ... For Pythagoras, the "passionate sympathetic contemplation" was intellectual, and issued in mathematical knowledge ... To those who have reluctantly learnt a little mathematics in school this may seem strange; but to those who have experienced the intoxicating delight of sudden understanding that mathematics gives, from time to time, to those who love it, the Pythagorean view will seem completely natural.
I can observe the game theory is applied very much in economics. Generally, it would be wise to get into the mathematics as much as seems reasonable because the economists who use more mathematics are somehow more respected than those who use less. That's the trend.
Here is a quilted book about mathematical practice, each patch wonderfully prepared. Part invitation to number theory, part autobiography, part sociology of mathematical training, Mathematics without Apologies brings us into contemporary mathematics as a living, active inquiry by real people. Anyone wanting a varied, cultured, and penetrating view of today's mathematics could find no better place to engage.
I wish people would be a bit more aware of how their actions affect everyone around them.
There are lots of reasons email persists, even as faster and simpler forms of communication proliferate and your personal communications likely have mostly migrated elsewhere. But one big one is that new types of media channels rarely totally kill off old ones, even though everyone predicts they will.
Mathematics is a logical method. . . . Mathematical propositions express no thoughts. In life it is never a mathematical proposition which we need, but we use mathematical propositions only in order to infer from propositions which do not belong to mathematics to others which equally do not belong to mathematics.
By a combination of formal training and self study, the latter continuing systematically well into the 1940s, I was able to gain a broad base of knowledge in economics and political science, together with reasonable skills in advanced mathematics, symbolic logic, and mathematical statistics.
I engage in the use of game theory. Game theory is a branch of mathematics, and that means, sorry, that even in the study of politics, math has come into the picture. We can no longer pretend that we just speculate about politics; we need to look at this in a rigorous way.
We do have tendency, now in biology especially to make up stories, to make theoretical biology a kind of game, in fact we have game theory in biology which is meant to use the theory of games to make predictions or explain things.
It seems perfectly clear that Economy, if it is to be a science at all, must be a mathematical science. There exists much prejudice against attempts to introduce the methods and language of mathematics into any branch of the moral sciences. Most persons appear to hold that the physical sciences form the proper sphere of mathematical method, and that the moral sciences demand some other method-I know not what.
Rugby has always been a game for all shapes and sizes. You have the superstars and the fast guys who score the tries, but you also need the workhorses and the people who play all the other roles. Unless they all work together as a team then it's really going to affect the performance. Everyone's got to rely on everyone else.
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