Why do people make decisions that don’t seem to make sense? Game theory provides a potential answer called the prisoner’s dilemma. The prisoner’s dilemma explains why people make decisions which are good for themselves but not for the team. Even if you didn’t learn about it in economics class, you probably recognize the prisoners’ dilemma…
There’s no doubt the headline stories for the Golden State Warriors this season have been the all-time best 73 wins in a single season and the almost-unimaginable 402 3-pointers for Stephen Curry. Much of the press frenzy has focused on the pursuit of the Chicago Bulls’ 72-win record. The Warriors opened the season with a…
During a recent interview, a non-native English speaker asked me how I have time to write. Unfortunately I misunderstood the question – or maybe I was too tired to think clearly – so I answered something like the following: I read around 30 books per year, mostly when I’m on planes. The interviewer seemed happy…
Herb Caen would have been 100 years old today. Don’t worry if you don’t recognize the name. ”Mr. San Francisco,” as he was sometimes called, wrote a Pulitzer-winning newspaper column for 60 years dedicated to his adopted hometown. Herb Caen was beloved locally but was largely unknown outside San Francisco. Caen’s influence was so great…