Summary of Rock, Paper, Scissors

Game Theory in Everyday Life

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Rock, Paper, Scissors book summary
A lively introduction to game theory (or how to use the Prisoner’s Dilemma for fun and profit).

Rating

8 Overall

8 Applicability

6 Innovation

8 Style

Recommendation

Len Fisher, an award-winning author of popular science books, has written an entertaining, enlightening and practical guide to the abstruse discipline of game theory. Fisher shows how game theory explains phenomena as mundane as why spoons go missing from a coffee break room, as ingenious as rabbinical problem solving in the Talmud and as fateful as global warming. getAbstract finds that his lively writing invites a wide audience. Fisher engages lay readers by elucidating an intensively mathematical subject without heavy reliance on equations or jargon. His treatment of the subject makes game theory appear only slightly more complicated than child’s play. In fact, he often uses children’s games to illustrate the role of game theory in daily life.

In this summary, you will learn

  • What game theory is
  • Why game theory pervades everyday life
  • How to use game theory in ways you may never have imagined
 

Summary

Games People Play
Game theory explains many of life’s mysteries and provides a way to understand everything from domestic squabbles to military confrontations. Game theory is based on more than competition. In fact, cooperation may be the ideal response in some games. Individuals, groups...
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About the Author

Len Fisher, Ph.D., is the author of Weighing the Soul and How to Dunk a Doughnut, which was named Best Popular Science Book of the year by the American Institute of Physics. He is the recipient of an Ig Nobel Prize for calculating the optimal way to dunk a doughnut.


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