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Economist Podcasts
Deceit and Strategy in Game Theory
This chapter explores the complexities of a deceitful game environment, where players must identify traitors among them while navigating trust and betrayal. It highlights the challenges of discerning truth under pressure and examines concepts from game theory, such as signaling and perfect Bayesian equilibrium. The discussion emphasizes the discrepancies between theoretical models and real-life behavior in competitive settings, showcasing the intricacies of strategy in both gameplay and organizational dynamics.
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