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Game Theory

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Dec 20, 2022 • 57min

Game Theory First Annual Holiday Party!!!; Hanukkah History; Teach Your Kids Dreidel!!

In this episode, Nick and Chris host the first-ever Game Theory Holiday Party! Connect with us: BRAND NEW SUBREDDIT Shouts to Player 3 John for making it happen! https://www.reddit.com/r/gametheorypod/comments/w35b8d/welcome_to_rgametheorypod/ _________________________________ Website: https://www.gametheorypod.com Game Theory on Facebook: https://www.facebook.com/gametheorypod Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod Nick on Twitter: @tribnic https://twitter.com/tribnic Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315
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Dec 13, 2022 • 55min

Hosting the Olympcs & World Cup: Business, Distraction, and Sportwashing

In this episode, Nick & Chris look into the recent history of hosting the Olympic games and the World Cup. The episode includes discussions of collusion between FIFA and Qatar and Russia, how Brazil improved on its experience after the World Cup, and how the future is collaborative.  Time Stamps: Look ahead (2:02) - Lindt vs Garibaldi, Next episodes [How to Win Christmas and Hanukka/Year-in-Review]. Russia and Brazil (14:40) - Russia using olympics for cover to wage war. Qatar Scandals (36:50)  - Suspicious journalist deaths, banning LGBT+ messaging, limiting sales and advertising of alcohol.  History of Fraudulent Bidding (40:50) - Sepp Blatter, FIFA, Netflix Documentary,  Next World Cup Locations (46:15) ____________________________________ Connect with us: SIGN UP FOR THE NEWSLETTER!! https://www.aweber.com/users/landing_pages/import/edd1ed06-af90-4c3a-a41c-bd1096ce45cb BRAND NEW SUBREDDIT Shouts to Player 3 John for making it happen! https://www.reddit.com/r/gametheorypod/comments/w35b8d/welcome_to_rgametheorypod/ _________________________________ Website: https://www.gametheorypod.com Game Theory on Facebook: https://www.facebook.com/gametheorypod Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod Nick on Twitter: @tribnic https://twitter.com/tribnic Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315
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Dec 6, 2022 • 51min

Rankings are Dumb: Why Michelin Stars are Double-Edged Sword and You Shouldn't Be All-In on Lists

In this episode, Nick and Chris freebase a conversation about why we're so obsessed with rankings for US universities, restaurants, movies and college football. Connect with us: SIGN UP FOR THE NEWSLETTER!! https://www.aweber.com/users/landing_pages/import/edd1ed06-af90-4c3a-a41c-bd1096ce45cb BRAND NEW SUBREDDIT Shouts to Player 3 John for making it happen! https://www.reddit.com/r/gametheorypod/comments/w35b8d/welcome_to_rgametheorypod/ _________________________________ Website: https://www.gametheorypod.com Game Theory on Facebook: https://www.facebook.com/gametheorypod Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod Nick on Twitter: @tribnic https://twitter.com/tribnic Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315
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Nov 29, 2022 • 53min

EMERGENCY THROWBACK: FTX, BlockFi Put Cypto on Life Support: How a Game Theory Concept Explains the Failures of FTX, BlockFi and Maybe the Whole System

Chris (Player 2) had some emergency work-related travel pop up, the boys will be back this week! _________________________________________________________ Website: https://www.gametheorypod.com Game Theory on Facebook: https://www.facebook.com/gametheorypod Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod Nick on Twitter: @tribnic https://twitter.com/tribnic Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315
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Nov 22, 2022 • 41min

THROWBACK: Black Friday Prisoner's Dilemma - How a clever idea screwed everyone and how it's changing + Thanksgiving food hot takes

This episode was originally published in 2021. As we spend Thanksgiving in Arizona, we hope you enjoy this blast from the past.  Contact: gametheorymedia1@gmail.com If you've been grossed out by the fact that stores opened on Thanksgiving day for Black Friday discounts, you're not alone. But, what if I said it wasn't their fault? They kind of had to. But, the worst part, is that shoppers also kind of had to. Black Friday is as American as Thanksgiving, but it's been starting earlier and earlier. It doesn't net the stores as much profit as you think and shoppers have to participate if they want the best deals. It's a vicious double prisoner's dilemma that must be stopped.  Thankfully, in recent years, the trend has been reversed.  In this episode, how Black Friday screws everyone, how it started, and how it's changing.  Googliography: GAME THEORY OF BLACK FRIDAY  -  Ellen Bast: https://www.engagetu.com/2018/12/06/game-theory-black-friday/ Cornell Blog 1 Macy's: https://blogs.cornell.edu/info2040/2016/09/06/game-theory-behind-macys-black-friday-debut/ Cornell Blog 2 Black Friday Prisoner's Dilemma: https://blogs.cornell.edu/info2040/2016/09/06/game-theory-behind-macys-black-friday-debut/ UVA Blog, 'Better Than Plowing' Prisoner's Dilemma: https://blogs.cornell.edu/info2040/2016/09/06/game-theory-behind-macys-black-friday-debut/ Philip Kiely Modeling the Sale, Prisoner's Dilemma and Assurance: https://philipkiely.com/essays/november_sale.html HISTORY -  Overview: https://blackfriday.com/news/black-friday-history History Channel's Sarah Pruitt, real history of Black Friday: https://www.history.com/news/black-friday-thanksgiving-origins-history Overview II, Brian Martucci: https://www.moneycrashers.com/black-friday-history/ OTHER RESOURCES Carnage Report: https://blackfridaydeathcount.com/ What Stores are Open - NerdWallet via Yahoo!: https://finance.yahoo.com/news/black-friday-2021-store-hours-130015392.html
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Nov 15, 2022 • 42min

Mathisode - Simpsons Paradox: What You Need to Know About Correlation vs Causation and Per-Capita Stats

In this episode, Nick & Chris break down Simpson's Paradox and why representative sample size is super important.  Connect with us: SIGN UP FOR THE NEWSLETTER!! https://www.aweber.com/users/landing_pages/import/edd1ed06-af90-4c3a-a41c-bd1096ce45cb BRAND NEW SUBREDDIT Shouts to Player 3 John for making it happen! https://www.reddit.com/r/gametheorypod/comments/w35b8d/welcome_to_rgametheorypod/ _________________________________ Website: https://www.gametheorypod.com Game Theory on Facebook: https://www.facebook.com/gametheorypod Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod Nick on Twitter: @tribnic https://twitter.com/tribnic Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315 _________________________________ https://en.wikipedia.org/wiki/Simpson%27s_paradox https://plato.stanford.edu/entries/paradox-simpson/#EpidMetaAnal https://www.britannica.com/topic/Simpsons-paradox https://towardsdatascience.com/simpsons-paradox-and-interpreting-data-6a0443516765 https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7867858/
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Nov 8, 2022 • 54min

Elon Gets the Bird: What Elon Musk's Twitter Take Over and What's the Point of Verification?

Game Theory Ep 46 In this episode, Nick and Chris recap Elon Musk's Purchase of Twitter and figure out what the hell is the point of being verified. ________________________________ Connect with us: SIGN UP FOR THE NEWSLETTER!! https://www.aweber.com/users/landing_pages/import/edd1ed06-af90-4c3a-a41c-bd1096ce45cb BRAND NEW SUBREDDIT Shouts to Player 3 John for making it happen! https://www.reddit.com/r/gametheorypod/comments/w35b8d/welcome_to_rgametheorypod/ _________________________________ Website: https://www.gametheorypod.com Game Theory on Facebook: https://www.facebook.com/gametheorypod Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod Nick on Twitter: @tribnic https://twitter.com/tribnic Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315 _________________________________
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Nov 1, 2022 • 56min

AirBNB Bust: How Cities are Cracking Down, Demand is Falling Off a Cliff, and Users are Returning to Hotels

In this episode, Nick & Chris talk about the crash in the AirBNB market. It seems like those using AirBNB as a full-time gig are feeling the heat of a down economy and pushback from users. ________________________________ Connect with us: SIGN UP FOR THE NEWSLETTER!! https://www.aweber.com/users/landing_pages/import/edd1ed06-af90-4c3a-a41c-bd1096ce45cb BRAND NEW SUBREDDIT Shouts to Player 3 John for making it happen! https://www.reddit.com/r/gametheorypod/comments/w35b8d/welcome_to_rgametheorypod/ _________________________________ Website: https://www.gametheorypod.com Game Theory on Facebook: https://www.facebook.com/gametheorypod Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod Nick on Twitter: @tribnic https://twitter.com/tribnic Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315 _________________________________ Googliography: TBD
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Oct 25, 2022 • 57min

Fraudster III: How One Wine Genius Named Rudy Made Rich Wine Collectors His Patsies

In this episode, Fraudster Files is back for chapter III -- Rudy Kurniawan.  Sign up for the Game Theory Newsletter: https://www.aweber.com/users/landing_pages/import/edd1ed06-af90-4c3a-a41c-bd1096ce45cb  Rudy has a natural gift for taste. He put that gift to use in the most lucrative way possible -- he hoodwinked the world of elite wine collections.  Rudy was born in the 1970s in Indonesia where his family has (allegedly) participated in one of the biggest bank heists in world history. (His great-uncle stole hundreds of millions in a fraudulent situation.)  Now, after serving his time for ripping off rich people, he has been deported to Indonesia, but his crime remains one of the most infamous and entertaining in recent memory.  ______________________________________________________________  Connect with us: BRAND NEW SUBREDDIT Shouts to Player 3 John for making it happen!  https://www.reddit.com/r/gametheorypod/comments/w35b8d/welcome_to_rgametheorypod/  Website: https://www.gametheorypod.com  Game Theory on Facebook: https://www.facebook.com/gametheorypod  Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod  Nick on Twitter: @tribnic https://twitter.com/tribnic  Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315  __________________________________  Googliography:  Sour Grapes Documentary: https://www.amazon.com/Sour-Grapes-Rudy-Kurniawan/dp/B06XWJF7ZD  Rudy's Wiki: https://en.m.wikipedia.org/wiki/Rudy_Kurniawan
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Oct 18, 2022 • 43min

Your Friends Are, In Fact, More Popular Than You - The Friendship Paradox

In this episode, Nick & Chris discuss the mathematical principles behind the friendship paradox and why it seems like your friends have more friends than you do. It's because they probably do.  Also, we are officially going weekly! Be sure to leave a five-star review on Apple Podcasts if you want others to find the show and share it with your friends and colleagues, even if you think it's about 4.1 stars.  ______________________ Connect with us: SIGN UP FOR THE NEWSLETTER!! https://www.aweber.com/users/landing_pages/import/edd1ed06-af90-4c3a-a41c-bd1096ce45cb BRAND NEW SUBREDDIT Shouts to Player 3 John for making it happen! https://www.reddit.com/r/gametheorypod/comments/w35b8d/welcome_to_rgametheorypod/ _________________________________ Website: https://www.gametheorypod.com Game Theory on Facebook: https://www.facebook.com/gametheorypod Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod Nick on Twitter: @tribnic https://twitter.com/tribnic Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315 ___________________________________ Googliography: https://twitter.com/fermatslibrary/status/1577291242890821633?s=20&t=GEA1H8wGTO-rDoXkEFLJ1w https://en.wikipedia.org/wiki/Friendship_paradox

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