NASCAR game of chicken
I know very little about NASCAR, so I defer to Advanced NFL stats which has a great piece on NASCAR and game theory
I loved reading about the strategy of the race, particularly about the decision to make a risky pass against an opponent versus defending position by threatening a wreck. Both the ultimatum game and the game of chicken are relevant models.
My favorite part is the connection of game theory to a famous NASCAR fistfight that erupted from a game of chicken–talk about high stakes game theory!
Check out the first minute of this linked video to see the highlights and interviews with the drivers:
Youtube video: the infamous fistfight Daytona
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