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The traveler's dilemma.

Authors :
Basu, Kaushik
K. B.
Source :
Scientific American. Jun2007, Vol. 296 Issue 6, p90-95. 6p. 5 Color Photographs, 1 Black and White Photograph, 2 Charts, 2 Graphs.
Publication Year :
2007

Abstract

This article is about a game called "Traveler's Dilemma," which was created by game theorist Kaushik Basu, to study the way people make choices and decisions. In this game, a person must make the best possible decision weighing all the options, and Basu has found that in this game thinking illogically allows the player the best outcome. INSETS: PAYOFF MATRIX OF THE TRAVELER'S DILEMMA;WHAT WERETHEYTHINKING?;Game Theory vs. Ordinary Decision Theory: I Know that You Know th.

Details

Language :
English
ISSN :
00368733
Volume :
296
Issue :
6
Database :
Academic Search Index
Journal :
Scientific American
Publication Type :
Periodical
Accession number :
24990798
Full Text :
https://doi.org/10.1038/scientificamerican0607-90