Ok. Maybe I was hasty. Jim pointed out its use in experimental econ. I have not found much useful there, but Jim has said in the past that he has. Sterile! Gil, I just have not seen anything there that has taught me anything. Maybe I am too dense to get it.
Michael Perelman Economics Department California State University michael at ecst.csuchico.edu Chico, CA 95929 530-898-5321 fax 530-898-5901 -----Original Message----- From: PEN-L list [mailto:[EMAIL PROTECTED] On Behalf Of Gil Skillman Sent: Wednesday, February 02, 2005 8:49 AM To: [email protected] Subject: Re: [PEN-L] You Got Game Theory! Michael writes >Maybe they should have checked with the Pentagon. You all know the >original purpose. Yes, and the roots of game theory--traceable back to the 19th century work of Cournot and Bertrand--had nothing to do with military applications. Von Neumann's original work in game theory in the 1920s was not funded by the military. Most of contemporary game theory concerns positive-sum games, and thus is not of immediate relevance to the Pentagon. So I'm not sure why Michael brought this up. >Game theory always seemed like a rather sterile exericize in the >economics literature, but micro economists seem to like it. Again I'm puzzled. What makes the application of game theory to economic problems a "sterile exercise"? Gil >-- > >Michael Perelman >Economics Department >California State University >michael at ecst.csuchico.edu >Chico, CA 95929 >530-898-5321 >fax 530-898-5901
