Game Theory 101: Dominant Strategy and Choice Conflict

Game theory is choice-theory in economics. We did a basic introduction to game theory by looking at one of the most common introductory games in Game Theory, the Prisoner’s Dilemma, here. In that introduction we briefly touched on dominant, or strong, strategy and non-dominant, or weak strategy. Now we’re continuing our understanding of economic theory … Continue reading Game Theory 101: Dominant Strategy and Choice Conflict

The Tragedy of Civilization: Ibn Khaldun’s Muqaddimah

Ibn Khaldun’s Muqaddimah is the “introduction” to his seven-volume history of the Arab and Berber people, and history of the world (up to his time and from what he knew of the world via sources and travelling). The Kitab Al-‘Ibar is the full text name, but it is his lengthy introduction (the Muqaddimah) that is … Continue reading The Tragedy of Civilization: Ibn Khaldun’s Muqaddimah