Theory of Games and Economic Behavior Cover
Podcast Mentions

Theory of Games and Economic Behavior

John Von Neumann

John von Neumann and Oskar Morgenstern conceived a groundbreaking mathematical theory of economic and social organization, based on a theory of games of strategy. Not only would this revolutionize economics, but the entirely new field of scientific inquiry it yielded--game theory--has since been wid...

Podcasts 3
Quotes 4
No Stupid Questions

Maria mentioned reading this book and learning that John Von Neumann, a poker player and the father of game theory, believed life is more like a game of poker than chess due to uncertainty.

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And it wasn't my idea. So I was actually reading the theory of games and economic behavior by John Von Neumann and Oscar Morgenstern.

— Episode: 146. How Do You Avoid Freezing Under Pre...

Episode: 146. How Do You Avoid Freezing Under Pressure?

Maria mentioned reading this book and learning that John Von Neumann, a poker player and the father of game theory, believed life is more like a game of poker than chess due to uncertainty.

"

And it wasn't my idea. So I was actually reading the theory of games and economic behavior by John Von Neumann and Oscar Morgenstern.

And I learned that Von Neumann was a poker player and that game theory came out of-

Von Neumann was like game theorist? No. He was the father of game theory, yes.

Because poker is a game of imperfect, incomplete information. It's a game of uncertainty. That's what life is.

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