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...
Podcast
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.
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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