Today we take a sober look at a method for analysis when it comes to complex political strategy. Should Trump’s administration go full bore ahead with War against the Democratic People’s Republic of Korea? Is Kim Jun Il a wild man or does he have a sound strategy in place? Well this is a podcast, so we cannot answer those questions directly, but through a brief and hopefully entertaining sojourn through Game Theory, we can begin to comprehend the best approach of both sides and especially of ourselves if the conflict escalates any further.
Game Theory has been a breakthrough in economics and mathematics but is versatile. Although it took far too long for John Nash to be awarded the Nobel prize, Russell Crowe’s portrayal of a haunted man goes a long way to highlighting some of the challenges that Nash faced. We can argue for years to come about whether Game Theory was his great original idea or if perhaps his later work has more theoretic huts par. We can’t however, argue over the practical use of Game Theory and its importance in understanding no-cooperative competitive environments.
But Game Theory can only go so far alone, and to fully embrace the power of mathematical models it helps to understand another crazy man, Georg Cantor. His ability to grapple with infinity eventually led to the breakthrough of set theory and that will serve as the second story in today’s episode. Much like game theory, exposure to set theory is useful in developing cognitive mechanisms for contemplating complex concepts.