The Game Where Everyone Loses (And Why That's Rational)(Centipede)

The Game Where Everyone Loses (And Why That’s Rational)(Centipede game)

Centipede game, Game Theory

Two economists sit across from each other at a table. Between them lies a pile of money. The rules are simple. Each player can either take the pile and end the game, or pass it to the other player. Here’s […]

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