AI and Regulation: Finding the Sweet Spot for Consumer Welfare | with Keith Chan
Game Changer - the game theory podcast
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The Role of Game Theory in Rationality in Regulation
Game theory and economics are generally speaking, they are not for commenting on the morality or whether the preferences are right or not. But what economic theory or game theory can do is that, okay, you tell me your objective, be it maximizing consumer welfare,. And we look at the actions that the decision maker has chosen. Game theory is a good way to kind of step back and ask, is the connection between the objective and the actions rational? Is the action actually serving your objective?
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