Sublime

Where the two sides are too evenly matched to offer a reasonable chance of early success to either, the statesman is wise who can learn something from the psychology of strategy. It is an elementary principle of strategy that, if you find your opponent in a strong position costly to force, you should leave him a line of retreat—as the quickest way

Taken together, these three approaches—application of knowledge about specific games (prisoner’s dilemma, entry/preemption), simulation, and cooperative analysis—produce a balanced and comprehensive treatment of the problems of formulating strategy in markets with a few genuine competitors, all mutually capable and conscious of one another.

Remember that you’re looking for the best answer, not simply the best answer that you can come up with yourself.

Thanks to their calculation power, computers are tactically flawless compared to humans. Grandmasters predict the near future, but computers do it better. What if, Kasparov wondered, computer tactical prowess were combined with human big-picture, strategic thinking? In 1998, he helped organize the first “advanced chess” tournament, in which each hu

In this instance, artful spying takes learning to read a particular woman. A branch of Game taught this: Guys new to Game should apply it with “less than optimal” (fat) women to perfect the practice. In other words, always default to Game. It’s a relatively low investment way to evaluate proof-of-concept and build on it.

By far the best theory for describing the principles of our irrational decisions is something called Prospect Theory. Created in 1979 by the psychologists Daniel Kahneman and Amos Tversky, prospect theory describes how people choose between options that involve risk, like in a negotiation. The theory argues that people are drawn to sure things over