Game theory links 9-15-09
I’ve been working on a few improvements and additions to the site (stay tuned), so I put this week’s game theory post on hold. Instead, I’m linking out to a few game theory articles. Check them out!
The music piracy game and DRM
Zeroth Code offers a nice game-theory argument on why music protection (DRM) does not solve the free-rider problem. The reason people pirate has to do with the fear of buying a bad product. The proposed solution is to offer a signal of quality by offering free samples of tracks which will benefit both artists and consumers.
How to use game theory to buy a car
Daniel Finkelstein writes about the game of buying a car and explains how the traditional setup gives all of the advantages to the dealer. The solution? Change the game and do something similar to a “fax attack“.
Why web apps are better than desktop apps
Patrick offers a detailed post on why web apps make more sense for developers: “In game theory terms, it strictly dominates the desktop version, when seen from the eyes of the developer at any rate.” Some of the reasons are web apps convert to sales at a higher rate, are more suitable for Adwords campaigns, and they are easier to support and customize.
The perverse voting system of the Oscars
The Oscar voting system is messed up, as you probably knew. The numbers guy Carl Bialik illustrates with the supporting math of instant-runoff voting. Perhaps this explains why The Dark Knight
was snubbed in many of last year’s more prominent nominations. For more, read about voting theory and its strategies and paradoxes.
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