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Thoughts and comments about making life even better
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Why Is the Nash Equilibrium So Important?

Why Is the Nash Equilibrium So Important? | enjoy yourself | Scoop.it
Answer by Balaji Viswanathan, currently working on From Tryst to Tendulkar: The History of Independent India: Game theory is a study of strategies involved in complex games. Almost every human interaction—politics, economics, law, and religion—can be modeled as a game. You are in a game if your fate is impacted...
Kenneth Weene's insight:

A basic view of game theory. As an economics major, I did my thesis on price leadership. Too bad I had no knowledge of game theory, or I might have made a better contribution.

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Underspending During the Recession

Underspending During the Recession | enjoy yourself | Scoop.it
With the economy slowly but steadily improving over the last 18 months, it's becoming increasingly clear how horribly we botched public policy during the downturn.
Kenneth Weene's insight:

Yet another analysis of why austerity during recession is bullcrap. Of course the political right won't listen or learn. They will go on chanting, "Taxes bad. Greed good!" until we all are living under the remains of a bridge.

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