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[VIDEO on Vimeo] - Network - Data Mining Your Soul

Information technology has become a ubiquitous presence. By visualizing the processes that underlie our interactions with this technology we can trace what happens to the information we feed into the network.
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How to Buy a Car . . . Using Game Theory!

How to Buy a Car . . . Using Game Theory! | Science News | Scoop.it

De Mesquita argues that people always behave out of self-interest. In the car-buying game, the dealers want you to buy the car from them and nobody else. If threatened in the manner de Mesquita describes, they're left with two choices: either give you the lowest price they possibly can or assume you're bluffing – that you won't call anybody else. The latter choice is foolishly risky and an unlikely one for the dealer to make. But in either case, if you've cast your net wide enough, you're covered.

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