I think almost all strategic problems could at least be improved upon if people would do more careful game-theoretic analysis. The reason game theory works in predicting is because people intuit how to behave game-theoretically. — Bruce Bueno de Mesquita Copy Share Image
“The game theoretical analysis of the chain store game by backward induction is very easy and does not put any strain on the cognitive abilities of human beings. Even game theoretically untrained persons understand the backward induction argument without difficulty.… — Reinhard Selten Copy Share Image
