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Showing posts from February, 2011

Nash Equilibrium: Location, Segregation and Randomization By Benjamin Polak - Yale

Nash Equilibrium: Location, Segregation and Randomization By Benjamin Polak - Yale This idea has been bubbling inside my head for about a week or specific 12 days. I had to watch and read the Lecture 2. Not sure why other than it seemed to make sense to me. I even used the example of winning an election I understand why George Bush won the infamous election, with his brothers help of course, to prevent my name from being president. As I feel I should read the lecture again, I am going to communicate straight from the title and offer my new opinion as it is being formed. Location - Segregation - Randomization = a colony. Many people believe segregation is a bad thing, that "people" do that for a reason other being with their own. How I understand this idea as its being emitted. The challenge with segregation is the intermingling of ideas, generally new to the community that is considered segregated. Yet who wants to live in town that is just made up of stale ideas and the same

Nash Equilibrium: Shopping, Standing and Voting on a Line By Benjamin Polak - Yale; Lecture number 7 of 24 from Game Theory

Nash Equilibrium: Shopping, Standing and Voting on a Line By Benjamin Polak; 7 of 24 from Game Theory What is the difference in price. Is it output, is it production. If one aims to run business, and to master business at some point he would be running a monopoly. A true operator will know his business so well that his operations is a monopoly and he can control the ebb and flow of the cycles and trends. When considers coke and pepsi, new castle, blue moon, blantos, jim beam, etc....all of them have the ability to be a monopoly. Price is as important as the brand you are buying and what its "known" to be. I understand the logic of a candidate playing the middle. You win more votes. If nothing more you win more votes. To have a product in the marketplace puts you in the game. Practice doing a specific tasks each day. First and foremost, thought and intention on the path of your choice. The best option strategy of dominating where all parties wins. Watch it on Academic Earth