When your interaction with another person has an end date, like moving out of a shared apartment, do you still do the dishes? In this episode we talk about repeated prisoner's dilemmas when and end is in sight, and how things fall apart. <a href="https://podpaperscissors.com/transcripts/20-caterpillar.html">Full transcript on our web site.</a>
Sep 02, 2021•19 min•Ep. 20
The real world is full of "repeated prisoners' dilemmas" in which we face the same situations over and over with the same people. In this episode we discuss the optimal solutions, going all the way back to a contest that required people to mail in computer code. Full transcript at https://podpaperscissors.com/transcripts/19-iterated.html
Jul 12, 2021•20 min•Ep. 19
Buying a house isn't as straightforward as offering a price. Contracts are malleable and buyer and seller are also negotiating who will bear the risks. Learn how game theory underlies this process. Transcript available at https://podpaperscissors.com/transcripts/18-contingencies.html .
Jun 02, 2021•15 min•Ep. 18
We discuss a different kind of auction: the second price auction. It resolves many of the problems of the usual auctions, but the game is played a little differently. <a href="https://podpaperscissors.com/transcripts/17-2nd_price.html">Full transcript on our web site.</a>
May 08, 2021•16 min•Ep. 17
Sometimes winners feel like losers. In this episode we talk about auctions, including the concept of the winner's curse and Memorial Day sales. <a href="https://podpaperscissors.com/transcripts/16-pants.html">Full transcript on our web site.</a>
Apr 09, 2021•15 min•Ep. 16
Why does money have value? Why did every child want a Furby for one holiday season? On this episode, we explore how people's preferences are shaped by what they think other people want. <a href="https://podpaperscissors.com/transcripts/15-beauty.html">Full transcript on our web site.</a>
Mar 20, 2021•17 min•Ep. 15
Journalist and author Elizabeth Becker is our guest as we contemplate how to use game theory to think about travel. <a href="https://podpaperscissors.com/transcripts/14-travel.html">Full transcript on our web site.</a>
Feb 10, 2021•18 min•Ep. 14
In the Before Times (and in the Future Times), there were a lot of different kinds of travel experiences you could choose, and the ones you went for might have said a lot about your "crowding type." Do you think more about the destination or the type of people who will be around you on this vacation? Plus, listen to our new song "Tweedom by the Sea." <a href="https://podpaperscissors.com/transcripts/13-crowding.html">Full transcript on our web site.</a>
Jan 31, 2021•15 min•Ep. 13
After a musical interlude about data loss, we invite Kevin Zollman back to discuss evolutionary game theory and delve into the origins of altruism. <a href="https://podpaperscissors.com/transcripts/12-altruism.html">Full transcript on our web site.</a>
Jan 04, 2021•17 min•Ep. 12
We all send signals to other people to present ourselves in certain ways -- the clothes we wear, the drinks we order, the concert seats we book (in pre-COVID times). Animals do it too. Learn how game theory can help us understand how humans and animals communicate in this episode, the first of a two-part series about evolutionary game theory. ----- OFFICIAL TRANSCRIPT Liz: Okay, ready? Both: Rock, Paper, Scissors. Liz: Aww, scissors cuts paper. Ben: Okay, okay, so you're up. I'm Ben Klemens. Liz...
Dec 03, 2020•19 min•Ep. 11
Parents are having a tough time in the COVID-19 era. But you can use the tools of game theory to negotiate with your kids and work toward peace in your household. Kevin Zollman from Carnegie Mellon University is our guest. Check out his book "The Game Theorist's Guide to Parenting How the Science of Strategic Thinking Can Help You Deal With the Toughest Negotiators You Know: Your Kids." <a href="https://podpaperscissors.com/transcripts/10-parenting.html">Full transcript on our web site.<...
Nov 14, 2020•11 min•Ep. 10
If it rains on your picnic but you knew there was a 10% chance of showers, should you regret your decision to eat outside? Let's explore what it means to regret when you made a decision based on information available at the time. Created by Ben Klemens and Liz Landau. Edited by Liz Landau. <a href="https://podpaperscissors.com/transcripts/09-mixing.html">Full transcript on our web site.</a>
Sep 29, 2020•24 min•Ep. 9
In this episode, we discuss the concept of a Nash Equilibrium by inventing dating apps that cater to people with different relationship goals. Is there room in the world for "Stars and Swipes," "L-aid," and "Sound of Settling?" Sound editing by Liz Landau.
Aug 22, 2020•22 min•Ep. 8
In this episode, we take the activity of flirting apart using the tools of game theory. What are the incentives? Should you keep your intentions secret? Liz shares some dating horror stories and Ben reveals the real meaning of a popular R.E.M. song. Hosted and produced by Liz Landau and Ben Klemens. Editing by Liz Landau.
Jul 12, 2020•21 min•Ep. 7
What do we mean by "play" anyway? Historian Johan Huizinga wrote all about this in the 1930s. Let's take a look at his theory of play and how we can apply it to everyday situations. We end with a new original song by Liz Landau called "Queen of the Quarantine."
Jun 28, 2020•25 min•Ep. 6
Climate change is one of the most important issues of our time. Two solutions have been proposed to reduce emissions: taxes and a cap-and-trade system. We discuss the benefits and failings of each scheme and check in on countries that have tried them.
May 09, 2020•21 min•Ep. 5
Do you remember the idea of the "tragedy of the commons" from school? You probably heard it in the context of people taking too many resources for themselves or polluting a shared space. But originally, scholars who used this term had a totally different agenda in mind. This episode is produced by Liz Landau and Ben Klemens.
Apr 25, 2020•20 min•Ep. 4
The Chicago school of economics, the carbon tax, and ticket takers who burn your entry fee right in front of you.
Apr 07, 2020•20 min•Ep. 3
What do Ulysses, unions, and The Wire have in common?
Apr 07, 2020•18 min•Ep. 2
Why did I have to worry about a toilet paper collapse during the coronavirus outbreak but not a bank collapse?
Apr 07, 2020•16 min•Ep. 1