76 Game Theory Quotes

Following is our list of game theory quotations and slogans full of insightful wisdom and perspective about .

Famous Game Theory Quotes

Business is a game, and as with all games, the team that puts the best people on the field and gets them playing together wins. It's that simple. — Jack Welch

Life is a zero sum game. — George Carlin

If you look at a multi-player game, it's the people who are playing the game who are often more valuable than all of the animations and models and game logic that's associated with it. — Gabe Newell

We believe that economics does not necessarily have to be a zero-sum game; it can be a win-win proposition for everyone involved so long as they have the tools in which to succeed. — Ron Kind

Strategy is a pattern in a stream of decisions — Henry Mintzberg

You know the best thing about competition? There's this whole strategy game, and when it all works out its like solving that hard math equation. You finally get the answer and you're so happy. — Shaun White

Active management is a zero-sum game before cost, and the winners have to win at the expense of the losers. — Eugene Fama

I think it's almost definite that the game is a draw theoretically. — Bobby Fischer

Business is a combination of war and sport. — Andre Maurois

Chess is the art of analysis. — Mikhail Botvinnik

Every great master will find it useful to have his own theory on the openings, which only he himself knows, a theory which is closely linked with plans for the middle game. — Mikhail Botvinnik

No matter how brilliant your mind or strategy, if you're playing a solo game, you'll always lose out to a team. — Reid Hoffman

War is the only game in which both sides lose. — Walter Scott

Life is a game. Money is how we keep score. — Ted Turner

Zeroth law: You must play the game First law: You can't win Second law: You can't break even Third law: You can't quit the game. — C.P. Snow

Short Game Theory Quotes

• In order to improve your game you must study the endgame before everything else. — Jose Raul Capablanca
• If you play the game you accept the rules. — Swedish Proverbs
• Amateurs study tactics; professionals study logistics. — Omar N. Bradley
• If you don't have a strategy, you're part of someone else's strategy. — Alvin Toffler
• The endgame is an arena in which miraculous escapes are not uncommon. — Leonid Shamkovich
• The economic game is not supposed to be rigged like some shady ring toss on a carnival midway. — Arianna Huffington

Economic Theory Quotes

Don't let anybody tell you it's corporations and businesses that create jobs. — Hillary Clinton

The essence of neo-colonialism is that the State which is subject to it is, in theory, independent and has all the outward trappings of international sovereignty. In reality its economic system and thus its political policy is directed from outside. — Kwame Nkrumah

Mr. David Stockman has said that supply-side economics was merely a cover for the trickle-down approach to economic policy — what an older and less elegant generation called the horse-and-sparrow theory: If you feed the horse enough oats, some will pass through to the road for the sparrows. — John Kenneth Galbraith

Justice is the first virtue of social institutions, as truth is of systems of thought. A theory however elegant and economical must be rejected or revised if it is untrue; likewise laws and institutions no matter how efficient and well-arranged must be reformed or abolished if they are unjust. — John Rawls

For the record, feminism by definition is: 'The belief that men and women should have equal rights and opportunities. It is the theory of the political, economic and social equality of the sexes.' — Emma Watson

Unless we understand what it is that leads to economic and financial instability, we cannot prescribe -- make policy -- to modify or eliminate it. Identifying a phenomenon is not enough; we need a theory that makes instability a normal result in our economy and gives us handles to control it. — Hyman Minsky

Economic theory is the most prestigious subject of instruction and study. Agricultural economics, labor economics and marketing are lower caste fields of study. — John Kenneth Galbraith

It's kind of hard to sell 'trickle down,' so the supply-side formula was the only way to get a tax policy that was really 'trickle down.' Supply-side is 'trickle-down' theory. — David Stockman

Internationalism is a community theory of society which is founded on economic, spiritual, and biological facts. It maintains that respect for a healthy development of human society and of world civilization requires that mankind be organized internationally. — Christian Lous Lange

We are all far less rational in our decision-making than standard economic theory assumes. Our irrational behaviors are neither random nor senseless: they are systematic and predictable. We all make the same types of mistakes over and over, because of the basic wiring of our brains. — Dan Ariely

People Writing About Game Theory

Name	Quotes	Likes
Mikhail Botvinnik quotes on chess, war and education	36	423
Jack Welch quotes on leadership, communication and strategy	253	2651
George Carlin quotes on humanity, life and death	932	11627
Gabe Newell quotes on leadership, education and technology	54	797
Ron Kind	30	306
Henry Mintzberg quotes on management	56	1326

More Game Theory Quotes

It is difficult to play against Einstein's theory -on his first loss to Fischer — Mikhail Tal

The ball is round, the game lasts ninety minutes, and everything else is just theory. — Sepp Herberger

You can understand Bitcoin at different levels, but I think even the people who are implementing details of the protocol or thinking about cryptography protocols, or incentives and game theory, are effectively still learning things, which might be surprising to some people. — Adam Back

Study microeconomics, game theory, psychology, persuasion, ethics, mathematics, and computers. — Naval Ravikant

The implication of game theory, which is also the implication of the third image, is, however, that the freedom of choice of any one state is limited by the actions of the others. — Kenneth Waltz

There is much of economic theory which is pursued for no better reason than its intellectual attraction; it is a good game. We have no reason to be ashamed of that, since the same would hold for many branches of mathematics. — Sir John Richard Hicks

We do have tendency, now in biology especially to make up stories, to make theoretical biology a kind of game, in fact we have game theory in biology which is meant to use the theory of games to make predictions or explain things. — Richard Lewontin

Anthroposophy is not a game, nor just a theory; it is a task that must be faced for the sake of human evolution. — Rudolf Steiner

A thorough understanding of game theory, should dim these greedy hopes. Knowledge of game theory does not make one a better card player, businessman or military strategist. — Anatol Rapoport

Among top grandmasters the Dutch is a rare defense, which is good reason to play it! It has not been studied very deeply by many opponents, and theory, based on a small number of 'reliable' games, must be rather unreliable. — Bent Larsen

Nowadays games immediately appear on the Internet and thus the life of novelties is measured in hours. Modern professionals do not have the right to be forgetful - it is 'life threatening'. — Garry Kasparov

The action of the child inventing a new game with his playmates; Einstein formulating a theory of relativity; the housewife devising a new sauce for the meat, a young author writing his first novel; all of these are in terms of definition, Creative, and there is no attempt to set them in some order of more or less Creative. — Carl Rogers

In terms of the game theory, we might say the universe is so constituted as to maximize play. The best games are not those in which all goes smoothly and steadily toward a certain conclusion, but those in which the outcome is always in doubt. Similarly, the geometry of life is designed to keep us at the point of maximum tension between certainty and uncertainty, order and chaos. Every important call is a close one. We survive and evolve by the skin of our teeth. We really wouldn't want it any other way. — George Leonard

That is why one day I said my game will be like the Pythagorean Theorem - hard to figure out. A lot of people really don't know the Pythagorean Theory. They don't make them like me anymore. They don't want to make them like that anymore. — Shaquille O'Neal

My theory is that the world is a difficult place to live in and distraction is the name of the game. — Toni Morrison

Things happen in baseball, even if, in theory, it's something you don't do. Stats are a tool, but it doesn't mean that's how a game is being played at that moment. There's more than one way to win a game, or have a winning team. — Jon Miller

"Interactive Decision Theory" would perhaps be a more descriptive name for the discipline usually called Game Theory. — Robert Aumann

It is the shortcomings of game theory (as originally formulated) which force the consideration of the role of ethics, of the dynamics of social structure, and of social structure and of individual psychology in situations of conflict. — Anatol Rapoport

Here's my theory: I think both fiction and role-playing games involve a narrative journey. When that journey never ends, it feeds an addictive cycle. When that journey has an end, it brings us back to ourselves and to our own lives. This return allows us to reflect. Perhaps this is why I prefer a closed structure for books and games. — Allegra Goodman

There is much of economic theory which is pursued for no better reason than its intellectual attraction; it is a good game. We have no reason to be ashamed of that, since the same would hold for many branches of mathematics. — John Hicks

The concept of a Nash equilibrium n-tuple is perhaps the most important idea in noncooperative game theory. — P. Ordeshook

Technique! The very word is like a shriek of outraged Art. It is the idiot name given to effort by those who are too weak, too weary, or too dull to play the game. The mighty have no theory of technique. — Leonard Bacon

I'm a games and theory kind of guy. I love puzzles, so it was fun dissecting Shakespeare's prose. — Neil Patrick Harris

Evolutionary game theory was originally developed as an alternative to the hypothesis of group selection; now it is clear that game theory models postulate group selection, even if they do not use the g-word. — Elliott Sober

The theory is that if you take interest rates negative, people are going to say, "That's a silly game! I'm not going to lend my money to governments who want me to pay them. I am going to go into the stock market where I can get positive returns!" — Mohamed El-Erian

Let`s talk conspiracy theories here. All of a sudden today - first of all, it`s the hunger games at this point.All these people, establishment people, whether it`s Bob Dole or others saying yes - you know, Orrin Hatch saying actually, I`d take [Donald] Trump over [Ted]Cruz. — Chris Hayes

Disruptive technology is a theory. It says this will happen and this is why; it's a statement of cause and effect. In our teaching we have so exalted the virtues of data-driven decision making that in many ways we condemn managers only to be able to take action after the data is clear and the game is over. In many ways a good theory is more accurate than data. It allows you to see into the future more clearly. — Clayton Christensen

Finding a single investment that will return 20% per year for 40 years tends to happen only in dreamland. In the real world, you uncover an opportunity, and then you compare other opportunities with that. And you only invest in the most attractive opportunities. That's your opportunity cost. That's what you learn in freshman economics. The game hasn't changed at all. That's why Modern Portfolio Theory is so asinine. — Charlie Munger

Contrary to conventional military and game theory, the most effective offense is sometimes a direct attack against your political opponent's greatest strength - not his weaknesses - to place him immediately on the defensive. — Mark McKinnon

Game theory, however, deals only with the way in which ultrasmart, all knowing people should behave in competitive situations, and has little to say to Mr. X as he confronts the morass of his problem. — Howard Raiffa

I am old enough to remember what it was like when the theories of Freud first escaped from the study and the clinic, and the great game of Hunt-the Complex began, to the entertainment and alarm of a war-shattered and disillusioned world. — Mary Butts

A proven theorem of game theory states that every game with complete information possesses a saddle point and therefore a solution. — Richard Arnold Epstein

I think game theory creates ideas that are important in solving and approaching conflict in general. — Robert Aumann

Evolutionary game theory is a way of thinking about evolution at the phenotypic level when the fitnesses of particular phenotypes depend on their frequencies in the population. — John Maynard Smith

Paradoxically, it has turned out that game theory is more readily applied to biology than to the field of economic behavior for which it was originally designed — John Maynard Smith

(Game theory is) essentially a structural theory. It uncovers the logical structure of a great variety of conflict situations and describes this structure in mathematical terms. Sometimes the logical structure of a conflict situation admits rational decisions; sometimes it does not. — Anatol Rapoport

Whether game theory leads to clear-cut solutions, to vague solutions, or to impasses, it does achieve one thing. In bringing techniques of logical and mathematical analysis gives men an opportunity to bring conflicts up from the level of fights, where the intellect is beclouded by passions, to the level of games, where the intellect has a chance to operate. — Anatol Rapoport

Although the drama of games of strategy is strongly linked with the psychological aspects of the conflict, game theory is not concerned with these aspects. Game theory, so to speak, plays the board. It is concerned only with the logical aspects of strategy. — Anatol Rapoport

Fair Game Theory: If you are dumb enough to be drained by people then you are fair game. — Frederick Lenz

My mother was an economics professor. I'm proficient in math, and statistics, game theory, symbolic logic and all of that. — Dave Hickey

Theory regards this opening as incorrect, but it is impossible to agree with this. Out of the five tournament games played by me with the King's Gambit, I have won all five. — David Bronstein

I use game theory to help myself understand conflict situations and opportunities. — Thomas Schelling

Some scientist needs to explain to spectators Einstein's relativity theory. Before his explanation, he says: 'I have to suffer a lot explaining something I don't understand myself.' This relates to my game: I didn't understand anything! — Vassily Ivanchuk

There is a history of mathematical models of oligopolistic competition dating from Cournot to the theory of games. There is also a literature generated by institutional economists, lawyers, and administrators interested in formulating and implementing public policy. It has been the tendency of these groups to work almost as though the other did not exist. — Martin Shubik

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