a priori thinking

Sun, 07 Dec 2014 13:25:16 +0000

Nobel prize–winner and game theory pioneer Reinhard Selten observed that people work diligently to be rational ex post. That is, we commonly look back at how a situation played out to try and understand how a better outcome might have been achieved. This contrasts with a game theory approach in which the goal is to develop a strategy that will lead to that better outcome a priori.

Game-Theory on Shafiq Alibhai

a priori thinking