We know that laughter is infectious – there’s that old saying that laugh and the world laughs with you, cry and you cry alone. Coca-Cola proved the point about the power of laughter with this cute and disarming ad: https://www.youtube.com/watch?v=FfezfZPw-qk It’s pretty self-explanatory — I admit that I laughed along with the rest of the people […]
tit-for-tat
Golden Balls: Taking Advantage of Tit-for-Tat
A few years back I shared a clip from a popular British game show, Golden Balls, which illustrates in an entertaining way game theory and the prisoner’s dilemma. Today I want to share another clip from the same show to explore another aspect of game theory: tit-for-tat. Tit-for-tat is a common term used in game theory. The concept […]