How Trump is Getting the Game Theory Wrong from Risky Business

MAR 10, 202540 MIN
Cautionary Tales with Tim Harford

How Trump is Getting the Game Theory Wrong from Risky Business

MAR 10, 202540 MIN

Description

Today we’re sharing an episode from another Pushkin Industries show that we think you’ll enjoy: How Trump is Getting the Game Theory Wrong from Risky Business.

This week, Nate and Maria discuss Trump’s tariffs and analyze his strategy from a game theory perspective. They get into the difference between zero-sum and cooperative games, speculate on how Trump would act in the dictator game, and discuss the rationality of revenge. Then, they talk about the reboot of the infamous Fyre Festival, and why con artists so rarely reform.

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