The theory of repeated games is able to account for phenome… - Robert Aumann

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The theory of repeated games is able to account for phenomena such as altruism, cooperation, trust, loyalty, revenge, threats (self-destructive or otherwise) – phenomena that may at ﬁrst seem irrational – in terms of the “selﬁsh” utility-maximizing paradigm of game theory and neoclassical economics.

Robert Aumann

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About Robert Aumann

Robert Aumann (born 1930, in Frankfurt,Germany) is an Israeli mathematician, Professor Emeritus at the Hebrew University of Jerusalem, who won the 2005 Nobel Memorial Prize in Economic Sciences.

Also Known As

Native Name: ישראל אומן

Alternative Names: R. Aumann • Robert John Aumann • Robert J Aumann • Yisrael Aumann • R.J. Aumann

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Carl von Clausewitz Anatol Rapoport Dwight D. Eisenhower Franklin Delano Roosevelt Kenneth Waltz

Additional quotes by Robert Aumann

Capitulation, sycophancy, and cowardice will only undermine us... Sometimes, you have to courageously follow your own path and not try to curry favor with anyone.

The players in a game are said to be in strategic equilibrium (or simply equilibrium) when their play is mutually optimal: when the actions and plans of each player are rational in the given strategic environment – i.e., when each knows the actions and plans of the others.

All these cries for peace we hear in Israel, especially from our side, do not bring peace any closer -- they only push it away. If you chase peace it only eludes you. That's not game theory; that's history.

The theory of repeated games is able to account for phenomena such as altruism, cooperation, trust, loyalty, revenge, threats (self-destructive or ot… - Robert Aumann

About Robert Aumann

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Additional quotes by Robert Aumann