Listen "Analysis of Theory of Games and Economic Behaviour by John Von Neumann"
Episode Synopsis
In 1944, an unlikely collaboration between catholic mathematician John von Neumann and economist Oskar Morgenstern sparked a revolution in human decision-making. Their book "Theory of Games and Economic Behavior" didn't just transform economics—it created an entirely new field of science that would go on to explain everything from Cold War strategy to baseball contracts.Join us as we explore how a simple idea for a paper grew into game theory, now used to tackle challenges from vaccine rollouts to presidential campaigns. We'll unpack the fascinating story of how mathematical principles came to explain human behavior, and why this breakthrough continues to shape our world 60 years later.Whether you're a strategy enthusiast, science buff, or simply curious about how the world works, this episode reveals how two brilliant minds forever changed how we understand human decision-making and strategic thinking.
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