August 16, 2012

The Emerging Revolution in Game Theory




The Emerging Revolution in Game Theory

The discovery of a winning strategy for Prisoner's Dilemma is forcing game theorists to rethink their discipline. Their conclusion? Winning isn't everything.

The world of game theory is currently on fire. In May, Freeman Dyson at Princeton University and William Press at the University of Texas announced that they had discovered a previously unknown strategy for the game of prisoner's dilemma which guarantees one player a better outcome than the other.