Big tech is transforming every aspect of our world. But how, and at what cost? This season of Land of the Giants – The Disney Dilemma – focuses on Disney’s ability to weather the ups and downs of the business cycle and changing tastes and explores what has kept it successful for over 100 years. The entertainment giant has leveraged nostalgia and its intellectual property to build a beloved brand, but after an acquisition spree that included Marvel, Lucasfilm, and 20th Century Fox, can it sus ...
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Whether you’re just beginning to explore the Western United States or you’ve been living here since the day you were born, the Via Podcast will introduce you to new and unique adventures that will change your perspective. Hosts Mitti Hicks and Michelle Donati bring their travel expertise to interviews with some of the West’s most fascinating experts, residents, and adventurers. In each episode, you will discover deep conversations in the hopes of igniting a new interest—foraging anyone?—or planting the seeds of a new-to-you road trip. You might even learn something about a place you’ve explored dozens of times before.
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In Game Changer, the podcast by TWS Partners, we want to share our enthusiasm and passion for game theory and its applications. We invite guests from business and academia to discuss how they use the power of game theory in their profession to make a difference – and to learn some fun anecdotes, useful facts and valuable insights along the way. Join us on this journey, and find out that game theory is much more than a topic for ivory tower discussions.
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Content provided by TWS Partners. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by TWS Partners or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
In Game Changer, the podcast by TWS Partners, we want to share our enthusiasm and passion for game theory and its applications. We invite guests from business and academia to discuss how they use the power of game theory in their profession to make a difference – and to learn some fun anecdotes, useful facts and valuable insights along the way. Join us on this journey, and find out that game theory is much more than a topic for ivory tower discussions.
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Game Changer - the game theory podcast
1 When Bonuses Backfire: Rethinking Attendance Incentives | with Timo Vogelsang 20:44
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LikedIn this episode we are talking to Timo Vogelsang about why incentives aimed at reducing absenteeism can sometimes have the opposite effect. Based on a Field Experiment in a German supermarket chain, he explains why offering bonuses for attendance backfired. We also explore how incentives can unintentionally shape beliefs and undermine motivation. Timo Vogelsang is Associate Professor of Managerial Accounting at the Frankfurt School of Finance & Management. His research focuses on behavioural economics and public policy, with a particular interest in how incentives shape motivation and behaviour in real-world settings. You can find the paper Timo talks about in the episode here .…
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Game Changer - the game theory podcast
1 Too Sure for Our Own Good? The Hidden Cost of Overconfidence | with Philipp Strack 17:09
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Play Later Play Later Lists Like LikedIn this episode, we sit down with Philipp Strack to explore the hidden consequences of overconfidence. From distorted learning to discrimination and systemic bias, Philipp explains to us how overestimating ourselves can quietly shape our decisions, relationships, and even society — and why it’s not always a bad thing. Philipp Strack is a professor of Economics at Yale University with a secondary appointment as Professor of Computer Science. His research focus lies in decision-making and behavioral economics in dynamic contexts as well as in concepts like information cost and privacy, among others.…
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Game Changer - the game theory podcast
1 The marriage penalty – how the church rewired cooperation networks | with Jonathan Schulz 28:27
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Play Later Play Later Lists Like LikedIn this episode we explore how historical kinship structures, shaped in part by decisions of the Catholic Church, may have fundamentally changed the way humans are able to cooperate on a large scale. Using game theoretic concepts like reciprocity and network structure, we uncover how bans on cousin marriages and even modern Facebook data can help explain patterns of trust and cooperation today. Jonathan Schulz is Assistant Professor in the Department of Economics at George Mason University and Co-Principal Investigator of the interdisciplinary Historical Psychology Project. His research focuses on the historical and psychological roots of economic development, with a particular interest in how social networks and kinship structures influence cooperation.…
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Game Changer - the game theory podcast
1 Why Climate Agreements Fail: An Innovative Solution Based on Mechanism Design | with Klaus M. Schmidt 30:04
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Play Later Play Later Lists Like LikedIn this episode together with our guest Klaus M. Schmidt, we explore the economic challenges behind global climate agreements. We discuss why past agreements like the Kyoto Protocol and the Paris Agreement struggled to deliver the desired results and examine how a new negotiation design centered on a uniform CO₂ price could lead to better outcomes. Klaus also shares insights from experimental studies testing this approach in practice. Klaus M. Schmidt is an economics professor at Ludwig Maximilian University of Munich, and an expert in social preferences and contract theory, among others.…
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Game Changer - the game theory podcast
1 Globalization and Protectionism – A Game Theoretic View | with Claudia Steinwender 27:58
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Play Later Play Later Lists Like LikedIn this episode, we explore how globalization has shaped trade and innovation—and why rising protectionism is challenging its benefits. What happens when countries impose tariffs and trade restrictions? And how can policymakers navigate the balance between open markets and domestic interests? Claudia Steinwender is a Professor of Economics at Ludwig Maximilian University of Munich. Her research focuses on international trade, innovation, and economic history, with a particular emphasis on how globalization shapes firm behavior and trade dynamics.…
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Game Changer - the game theory podcast
1 How to achieve cooperation: Learnings from fieldwork with the Turkana people | with Sarah Mathew 44:15
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Play Later Play Later Lists Like LikedIn this episode we are speaking with Sarah Mathew about cooperation – especially how cooperation is achieved in the absence of institutions. Sarah gives some theoretical background, shares the concept of free rider problems and the relationship to punishment. She then illustrates the background based on her fieldwork: She has studied how the Turkana people achieve cooperation when going on raids with possibly even deadly consequences for individual warriors. Sarah Mathew is Associate Professor at the School of Human Evolution and Social Change at Arizona State University. Her research is focused on studying why humans cooperate and how the evolution of this unique form of cooperation is tied to the origins of moral sentiments, cultural norms, and warfare. To address these issues, she combines formal modelling of the evolution of cooperation with fieldwork.…
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Game Changer - the game theory podcast
1 The Truth About Misinformation: Myths, Reality, and Rational Beliefs | with Daniel Williams 31:02
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Play Later Play Later Lists Like LikedIn this episode we are speaking with philosopher Daniel Williams about misinformation—what it is, how it spreads, and whether it is truly on the rise in the form of “fake news”. We also explore why people cling to irrational beliefs and how rationalization shapes public discourse. Finally, Daniel shares strategies for tackling misinformation and engaging with those who hold questionable beliefs. Daniel Williams is a philosopher and researcher at the University of Sussex. His research is focused on the social functions and causes of beliefs with a special interest in self-deception, religious beliefs, political ideologies, and delusions. In his blog conspicuous cognition https://www.conspicuouscognition.com/ Dan publishes interesting essays on various topics.…
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Game Changer - the game theory podcast
1 Mastering High-Stakes Deals: The Power of Game Theory | with Matthias Schranner & Sebastian Moritz 33:38
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Play Later Play Later Lists Like LikedIn our 100th episode, we bring together Matthias Schranner of the Schranner Negotiation Institute and Sebastian Moritz from TWS Partners to celebrate the power of Game Theory in high stakes negotiations. We explore real-world negotiation cases, discuss the Game Theory perspective on successful strategies, and highlight how the two intersect to empower decision-makers. Join us as we reflect on 100 episodes of insights and celebrate the partnership between Schranner Negotiation Institute and TWS Partners! Matthias Schranner is an FBI trained negotiation expert who together with his team at the Schranner Negotiation Institute advises business and government leaders around the globe in navigating high stakes situations. Sebastian Moritz is managing partner at TWS Partners and advises global executives and organizations on strategic negotiations, incentive systems, transformation, and sustainability, blending game theory expertise with a passion for innovation.…
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Game Changer - the game theory podcast
1 Can Game Theory help solve international conflicts? – Commitment and Negotiations | with Topi Miettinen 24:21
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Play Later Play Later Lists Like LikedIn this episode, Topi Miettinen shares his view and research on insights from Game Theory on international conflicts. We start discussing different examples of conflicts, e.g. complex negotiations within the EU and even war. Based on the examples Topi shares his research on the role of commitment to finding agreements. He also shares how his research extends from a bilateral negotiation (as in a war of two parties) situation to a multilateral situation (as in the EU). Topi Miettinen is professor of economics at Hanken School of Economics and Helsinki Graduate School of Economics. His research focuses on behavioural and experimental economics, microeconomics, and game theory.…
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Game Changer - the game theory podcast
1 How did morality evolve? - Game Theory, Evolution and Philosophy | with J. McKenzie Alexander 37:14
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Play Later Play Later Lists Like LikedIn this episode, we discuss with our guest J. McKenzie Alexander evolutionary game theory and its applications. We start discussing different models from evolutionary game theory starting with the local interaction model and then moving to the replicator model. Based on that we then turn to applications in social theory especially when discussing proto-moral behaviour. J. McKenzie Alexander is Professor of Philosophy at the London School of Economics. His research explores the intersection of game theory, philosophy, and social theory. J. McKenzie Alexander has put together simulations of the discussed models on his homepage . Also, he is publishing a new book titled ‘The Open Society as an Enemy’ .…
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Game Changer - the game theory podcast
1 Why We Don’t Get the Politicians We Want: On Corruption, Polarization, and Voter Bias | with Raymond Fisman 36:03
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Play Later Play Later Lists Like LikedIn this episode, our guest Raymond Fisman explains to us the persistent challenge of corruption and the surprising ways in which political polarization and so called “wedge issues” help to sustain it. He shares his insights into why anti-corruption reforms remain elusive despite widespread public demand for honest governance and the creative measures some leaders have taken to battle corruption. Raymond Fisman is the Slater Family Professor in Behavioral Economics at Boston University. His research explores the complex ways in which corruption and other informal behaviors influence markets, governance, and economic development. If you want to know more about Raymond’s research, you can check out his homepage .…
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Game Changer - the game theory podcast
1 The Nobel Prize in Economics 2024: How Institutions Shape Development | with Navid Sabet 24:33
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Play Later Play Later Lists Like LikedIn this episode, we explore the contributions of this year’s Nobel Prize laureates in Economics – Daron Acemoglu, Simon Johnson, and James Robinson – and their work on the role of institutions in shaping economic prosperity. Our guest, Navid Sabet guides us through their core findings and shares his perspective on their influential research and its impact on the field of political economy. Finally, he connects these insights to his own research, examining how institutions affect immigration reform and economic opportunities. Navid Sabet is Assistant Professor in Economics at Goethe University Frankfurt. His research interests lie in the areas of political economy, applied microeconomics and public economics. Navid mentions the Nobel Prize winners’ famous paper from 2001, “The Colonial Origins of Comparative Development: An Empirical Investigation”. You can find it here . For more info on Navid’s research, you can check out his homepage or his paper on Immigrant legalization and the redistribution of state funds in the US.…
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Game Changer - the game theory podcast
1 The game theory behind resolving online disputes | with Selçuk Özyurt 26:58
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Play Later Play Later Lists Like LikedIn this episode, we dive into the world of online mediation mechanisms and how they can resolve disputes in digital marketplaces. As online transactions become more global and complex, the need for efficient, strategy-proof systems to mediate conflicts has never been more crucial. Selçuk Özyurt explains how these mechanisms should be designed to handle disputes fairly. In this context, we discuss properties like strategy proofness and efficiency and Selçuk explains under which conditions mediation mechanisms exist that fulfil these conditions. Selçuk Özyurt is an Associate Professor of Economics at York University, with a research focus on game theory, mechanism and market design, and conflict resolution. The content of this episode is based on his paper Strategy-proof Multi-Issue Mediation: An Application to Online Dispute Resolution , which he co-authored with Onur Kesten. --- Christmas raffle To participate in our Christmas raffle, just send an email to gamechanger@tws-partners.com and let us know which book you want to win. Deadline of the raffle is 15 December 2024.…
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Game Changer - the game theory podcast
1 Playing by the rules – a game theoretic view on social norms | with Cristina Bicchieri 33:06
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Play Later Play Later Lists Like LikedIn this episode, we explore the fascinating world of social norms and how they influence behavior through the lens of game theory. What exactly are social norms, and why do they matter? Cristina Bicchieri explains how these unwritten rules shape our everyday actions and how game theory helps us understand when and why people follow or break these norms. We also delve into how organizations use this knowledge to drive social change, from improving sanitation to reducing corruption. Cristina Bicchieri is the S. J. Patterson Harvie Professor of Social Thought and Comparative Ethics at the University of Pennsylvania. Her research focuses on the intersection of philosophy, psychology, and game theory, particularly in understanding how social norms develop and evolve. Cristina has worked with global organizations like UNICEF and the World Bank to apply her research in real-world settings. If you want to dive deeper into the topic of social norms, you can check out Cristina’s book “The Grammar of Society: The Nature and Dynamics of Social Norms” .…
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Game Changer - the game theory podcast
1 Breaking down Brexit – a game theoretic perspective | with Stefaan De Rynck 33:58
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Play Later Play Later Lists Like LikedIn this episode, we delve into the high-stakes negotiations between the EU and the UK during Brexit, exploring the strategies and tactics from a game-theoretic perspective. Stefaan De Rynck provides an insider's view of the process, discussing key moments, the differing objectives of both sides, and the strategic approaches taken to achieve their goals. We analyze how the EU maintained a united front and the challenges posed by the UK's shifting leadership during the negotiations. Stefaan De Rynck is Principal Advisor to the Director-General for Communication at the European Commission. During the Brexit negotiations, he served as Senior Advisor to Michel Barnier, the EU’s Chief Brexit Negotiator. His expertise lies in international negotiations and EU affairs, offering a unique perspective on one of the most complex political negotiations of recent times. He has shared his view on the Brexit negotiations in his book Inside the Deal: How the EU Got Brexit Done .…
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Game Changer - the game theory podcast
1 Are you among the top performing managers? – Overconfidence and its causes | with Collin Raymond 31:40
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Play Later Play Later Lists Like LikedIn this episode, we discuss overconfidence and its underlying psychological mechanisms. Our guest Collin Raymond shares his research (joint work with David Huffman and Julia Shvets) based on a field study he conducted with managers in the context of their Bonus payment. We discuss their findings on how managers make overconfident predictions about their individual future performance. In the study they can link the overconfidence to managers having an overly-positive memory of past performance. We finish the discussion by deep-diving into other facets of overconfidence. Collin Raymond is Associate Professor of Strategy and Business Economics at the Johnson School of Management of Cornell University. His research interests span Behavioural Economics, Experimental Economics, and Microeconomic Theory. He focuses on how individuals make decisions under uncertainty and the cognitive biases that influence these decisions. You can find the paper Collin describes in the interview here .…
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Game Changer - the game theory podcast
1 Avoiding Value Drain in Dealmaking – Game Theoretic Strategies | with Paul Papayoanou 23:31
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Play Later Play Later Lists Like LikedIn this episode, we delve into the common pitfalls that negotiators face which lead to value drain in dealmaking. Our guest Paul Papayoanou identifies four types of value-destructive behaviours and shares insights on avoiding these traps. He also outlines the characteristics of an effective dealmaker, emphasising the importance of being a savvy strategist who can balance toughness with fairness. Furthermore, we explore the role of preparation and reputation in successful negotiations, and how game theory can be applied to enhance negotiation strategies. Paul Papayoanou is a Senior Advisor with Decision Frameworks, a boutique consultancy based in Houston, Texas, serving clients worldwide. He has taught at the University of California San Diego and Harvard University, and is the author of " Game Theory for Business: A Primer in Strategic Gaming. " Paul's extensive experience in game theory and dealmaking provides invaluable insights for anyone looking to improve their negotiation skills. You can read his recent article on addressing value drain in dealmaking here (or e-mail Paul for the pdf version: paul@decisionframeworks.com ). Paul has already been a guest on our show. You can check out his episode on how to bid in an auction here or here .…
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Game Changer - the game theory podcast
1 Playing the Gene Game: On Genomics, Insurance, and Game Theory | with Eduardo Azevedo 28:48
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Play Later Play Later Lists Like LikedIn this episode, we discuss with Eduardo Azevedo his research on adverse selection in insurance markets. Eduardo gives details on recent developments in genomic advances, also in light of the significant price decrease for obtaining the individual genome. We discuss the possible long-term effect on the insurance market (e.g. specific health insurances) if individuals had access to their genome and obtained their individual risk profile. Based on that we discuss the potential for adverse selection and Eduardos initial heuristic findings. Eduardo Azevedo is Professor of Business Economics and Public Policy at the Wharton School, University of Pennsylvania. His research focuses on market design, applied microeconomic theory, and industrial organisation.…
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Game Changer - the game theory podcast
1 Explaining Loss Aversion using Game Theoretic models | with Greg Kubitz 23:14
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Play Later Play Later Lists Like LikedIn this episode, we discuss with Greg Kubitz his research on loss aversion. Greg shares his research in which he targets to explain loss aversion using Game Theoretic approaches. He combines approaches such as the principal agent model to be able to look at loss aversion through the evolutionary lens considering realistic assumptions on biological constraints given through our neural system. Greg Kubitz is senior lecturer in the School of Economics and Finance at the Queensland University of Technology in Brisbane, Australia. His research interests lie mainly within the field of game theory, with particular emphasis on information design and its applications to industrial organisation and behavioural economics.…
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Game Changer - the game theory podcast
1 Us vs. Them: Experiments on group identity| with Yan Chen 32:15
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Play Later Play Later Lists Like LikedIn this episode, we engage with Yan Chen to unravel the underlying mechanisms of group identity and group discrimination. Yan discusses her research on ingroup favoritism. We learn how ingroup favoritism can occur even in assigned, artificial groups, and that people with a strong group identity even have a willingness to pay to shield themselves from outgroup information. Yan also provides insights into societal issues such as political polarisation and group-based conflicts. Yan Chen is the Daniel Kahneman Collegiate Professor in the School of Information at the University of Michigan and a Research Professor at the U-M Institute for Social Research. Her academic work combines theoretical and experimental research to examine market and mechanism design, as well as public economics, providing insights into the mechanics of human interaction in social settings.…
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Game Changer - the game theory podcast
1 Game Theory Goes to School: Strategic Decisions in Young Minds | with Isabelle Brocas 31:48
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Play Later Play Later Lists Like LikedIn this episode, we explore the fascinating intersection of developmental psychology and economic theory through the lens of children's strategic decision-making abilities: Our discussion focuses on how the evolving capacities of children's brains influence their ability to engage in complex strategic thoughts. Our guest Isabelle Brocas shares the fascinating findings from long-term experimental studies she conducted with children from kindergarten to young adulthood. Isabelle Brocas is a Professor of Economics at the University of Southern California, where she co-directs both the Los Angeles Behavioral Economics Laboratory (LABEL) and the Theoretical Research in Neuroeconomic Decision-making (TREND) Institute. Her research primarily examines the decision-making processes in humans, with a focus on how young people make choices, the influences behind these decisions, and the cognitive limitations that may affect their rationality. For more on Isabelle's work, you can visit her personal homepage .…
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Game Changer - the game theory podcast
1 Playing for a Better Society: Game Theory and Civic Responsibility | with Tore Ellingsen 25:28
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Play Later Play Later Lists Like LikedIn this episode, we delve into the complex world of fostering civic responsibility. Our guest Tore Ellingsen explains how the interplay of regulation, personal sacrifice, and culture can build socially responsible societies or organisations. The conversation is rooted in the perspectives offered in Tore’s recent book, " Institutional and Organizational Economics: A Behavioral Game Theory Introduction ," where he uses insights from behavioural game theory, psychology, and sociology to understand the dynamics of human interactions in groups. Tore Ellingsen is Professor of Economics at the Stockholm School of Economics, holding the Ragnar Söderberg Chair in Economics. His research interests span institutional, organisational, and behavioural economics, focusing on understanding the factors that contribute to the success or failure of human groups. Through his work, Tore seeks to answer pivotal questions regarding human cooperation and organisational effectiveness, providing valuable insights for both academia and real-world applications. For more information on Tore’s current research, you can check out his homepage .…
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Game Changer - the game theory podcast
1 To click or not to click: can we trust sponsored search results? | with Maarten Janssen 28:07
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Play Later Play Later Lists Like LikedIn this episode, our guest Maarten Janssen helps us to explore the field of consumer (online) search. We discuss why economists are particularly interested in this topic and explore the reliability and dynamics of sponsored search results, uncovering the nuances and implications of these prevalent online phenomena. The insights from Maarten’s research (which he conducted together with Thomas Jungbauer, Marcel Preuss and Cole Williams on one paper and with Eeva Mauring on another paper) shed light on the complex interplay between consumer behaviour, search algorithms, and market dynamics. Maarten Janssen is Professor of Microeconomics at the University of Vienna. In addition to his role at the University, he is a fellow of the Centre for Economic Policy Research, a member of the Royal Holland Society of Sciences and Humanities, a research associate at the Centre for European Economic Research (ZEW), and an academic affiliate at CEG Europe. Apart from consumer search, his research focusses on auctions and markets with asymmetric information. For more information about Maarten's work and to read his papers, visit his homepage here and check out his paper on sponsored search positions.…
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Game Changer - the game theory podcast
1 Discouraging consumption of sin goods – taxes versus nudges | with Dmitry Taubinsky 36:30
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Play Later Play Later Lists Like LikedIn this episode, we explore with Dmitry Taubinsky economic approaches on regulating sin goods such as alcohol or sugary beverages. We discuss the classical approach of taxation and Dmitry compares the approach to nudging approaches. Our discussion leads us into many further economic details: From externalities and internalities, over the question who bears the tax burden to the price elasticity of demand. Dmitry explains to us, why these effects are relevant, how they relate to each other and how they also affect the optimal taxation. Dmitry Taubinsky is an associate professor of economics at UC Berkeley and a research associate at the NBER. His research interests include Behavioral Economics and Public Economics with a special focus on the intersection of both fields using a combination of theory, experiments, and surveys as methods for the analysis of his research questions. His papers referenced in the podcast on sin taxes and nudging can be found here and here .…
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Game Changer - the game theory podcast
1 Hidden Games: Exploring the rationality of irrational choices | with Moshe Hoffman 27:23
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Play Later Play Later Lists Like LikedIn this episode, we explore the often misunderstood relationship between game theory and human behaviour. Our guest Moshe Hoffman challenges the conventional belief that game theory only applies to rational actors. As Moshe explains in his book “ Hidden games ” (co-authored with Erez Yoeli ), even seemingly irrational behaviours and preferences can be explained through game theory. We dive into the concept of 'hidden games' and their influence on our daily actions and decisions, revealing the subtle complexities of human social behaviour. Moshe Hoffman is a lecturer at Harvard's Department of Economics and at Boston College as well as an independent scholar. His interdisciplinary research bridges game theory, models of learning and evolution, and experimental methods to unravel the underpinnings of social behaviour, preferences, and ideologies. For more information on Moshe Hoffman and his work, you can visit his homepage .…
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Game Changer - the game theory podcast
1 Avoid sending mixed signals! – signalling in negotiations and beyond | with Uri Gneezy 22:31
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Play Later Play Later Lists Like LikedIn this episode we are talking to Uri Gneezy about his latest book publication “Mixed Signals – How Incentives Really Work”. He explains to us what mixed signals are and makes us aware that we encounter them far more frequently than one would expect. We deep dive into the topic in the context of negotiations where signaling plays a major role. Uri walks us through the different effects that are at play when the opening offer in a negotiation is communicated to the other party and makes clear why it should neither be too high nor too low. Uri Gneezy holds the Epstein/Atkinson Endowed Chair in Behavioral Economics at the University of California, San Diego's Rady School of Management. His research interests are at the intersection of economic theory and application and include topics such as incentives-based interventions to increase good habits and decrease bad ones, Pay-What-You-Want pricing, and the detrimental effects of small and large incentives. In addition to this he is author of the books “The Why Axis: Hidden Motives and the Undiscovered Economics of Everyday Life” and “Mixed Signals – How Incentives Really Work” which was published in 2023.…
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Game Changer - the game theory podcast
1 The Economist's Brain: Tracing Choices with Neuroeconomic Insights | with Juan D. Carrillo 27:26
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Play Later Play Later Lists Like LikedIn this episode, we explore together with our guest Juan D. Carrillo the confluence of economics and neuroscience in understanding human decision-making processes. We delve into how the combination of these two disciplines can illuminate the biological basis of decision making, with a particular focus on complex scenarios like multi-task decision making, self-control, and impulsivity. Juan shares insights from his papers, discussing the innovative approach of neuroeconomic theory and its real-world applications. Juan D. Carrillo is a Professor of Economics at the University of Southern California and a Research Fellow in the Industrial Organization and Public Policy programs at the Center for Economic Policy Research (CEPR). His research spans Neuroeconomic Theory and Experimental Economics, blending insights from neuroscience and economics to understand decision-making processes. Additionally, Juan co-directs the Los Angeles Behavioral Economics Laboratory (LABEL), focusing on experimental research in economic decision-making and strategic interactions. You can find out more about his research on his homepage and read the papers that are discussed in this episode here and here .…
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Game Changer - the game theory podcast
1 Feeding America – allocating food to food banks with innovative market mechanisms | with Canice Prendergast 38:15
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Play Later Play Later Lists Like LikedIn this episode, we discuss with Canice Prendergast how market design mechanisms can be applied in social services. Canice shares how he collaborated with Feeding America on optimally allocating about 300 million pounds of food per year to hundreds of food banks across the United States. They were developing a market-based allocation mechanism introducing an internal currency to bid for available food on a daily basis. Canice shares the process itself as well as many anecdotes on its development and introduction. Canice Prendergast is W. Allen Wallis Distinguished Service Professor at the University of Chicago Booth School of Business. He is an economist specialising in economic theory, labour economics, and organizational behaviour.…
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Game Changer - the game theory podcast
1 Does opaque AI lead to a catastrophe? – a Game Theorist’s view | with Jeffrey Ely 35:41
35:41 Play Later Play Later Lists Like Liked35:41
Play Later Play Later Lists Like LikedIn this episode, we discuss with Jeff Ely a topic that has gotten significant public attention last year with the introduction of Chat GPT and similar programmes: The role of AI. Jeff shares his research with Balazs Szentes on a natural selection model on AI. They set up a model to study the AI control problem in the context of decentralized economic production. The study illustrates the importance of AI transparency as already deviating from ‘perfect transparency’ leads to catastrophic consequences. In our discussion he shares all details of the model, and we also discuss potential consequences for future development of AI technology. Jeff Ely is the Charles E. and Emma H. Morrison Professor of Economics at Northwestern University. With interests ranging from pure game theory to behavioral economics, Jeff has made significant contributions to various facets of economics, including mechanism design and the evolution of preferences. You can find the paper titled “Natural Selection of Artificial Intelligence”, which he wrote together with Balazs Szentes, here .…
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Game Changer - the game theory podcast
1 Split or Steal? Experiments on lies and self-deception | with Marta Serra-Garcia 33:14
33:14 Play Later Play Later Lists Like Liked33:14
Play Later Play Later Lists Like LikedIn this episode, we explore with Marta Serra-Garcia the paradoxes of human behaviour in the realms of self-deception and lie detection. Marta's research, rooted in behavioural and experimental economics, questions why lying persists in a society that values morality. We delve into her experiments that examine how people reconcile their self-image with material interests, the timing of incentive information in ethical decision-making, and the effectiveness of algorithms in detecting deception. Marta Serra-Garcia is an Associate Professor of Economics and Strategy at the UC San Diego Rady School of Management. Specialising in behavioural and experimental economics, her acclaimed work focuses on the dynamics of ethical decision-making and its influence on behaviours like lying and charitable giving. A prolific researcher, Marta's work has been published in esteemed journals, earning her a place among the 2020 Best 40 under 40 MBA Professors. You can find her paper on self-deception here and her paper on lie detection here .…
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