The Michael Shermer Show cover image

270. Surprising Power of Game Theory to Explain Irrationality (Moshe Hoffman and Erez Yoeli)

The Michael Shermer Show

00:00

The Power of Game Theory

Game theory is used to explain our own intuitions about property rights. It also explains why peacocks have long, elaborate tailes that make them worse at flying and more attractive to creditors. Game theory has a lot of applications in the field of evolutionary biology but it's not meant to be taken too seriously by most people.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app