Game Theory
1 pageThe Pirate Game, and Why Society Needs “Madmen”

I took a game theory course in college, and one of the classic problems the professor set was the pirate game. Five pirates — call them A through E, oldest to youngest — divide a hundred gold coins. The most senior one proposes a split, everyone …
I took a game theory course in college, and one of the classic problems the professor set was the pirate game. Five pirates — call them A through E, oldest to youngest — divide a hundred gold coins. The most senior one proposes a split, everyone …