Benjamin Buffett

Best Responses in Soccer and Business Partnerships - Game Theory By Benjamin Polak | Game Theory Lecture 4 of 24 Best response in soccer and business partnerships, is the title a worthy read by itself. Does it offer any important information from the onset. In soccer terms be the shooter in business be the designer. To give yourself a good shot in either field of play, its always easier to play offensively from the start. In soccer the example of kicking a penalty kick and choosing what the goalie may do based on their interpretation of which way they think you are going to kick. More times than not, most people kicking the goal will use their dominant leg and kick the ball accordingly. Meaning, If you are right legged you will tend to kick the ball towards the left and vice versa. Variables one considers are - can the kicker control the ball kicking it as fast and hard as they can or will they have to kick the ball just enough to try to trick the goalie. In choosing profit sharing par

Game Theory - Iterative Deletion and the Median-Voter Theorem Iterative Deletion. What does this mean to you. The definition states the act of repeating a process usually with the aim of approaching a desired goal or target or result. Each repetition of the process is also called an "iteration", and the results of one iteration are used as the starting point for the next iteration. If you are asked to choose a number between 1 and 10 what number will you choose. Will you just choose a number or will you think about choosing the number strategically meaning choosing a number that will allow you to win the game, if so inclined. If you think of the numbers 1 - 10 as a measurement of a persons beliefs to the "norm" of everyone else, one being the far left and 10 being the far right, one may quickly realize that being to far to the right or left in your beliefs puts you at a disadvantage and dominated by the every other number to 5. Being in the middle, choosing the midd