Error loading page.
Try refreshing the page. If that doesn't work, there may be a network issue, and you can use our self test page to see what's preventing the page from loading.
Learn more about possible network issues or contact support for more help.

The Predictioneer's Game

Using the Logic of Brazen Self-Interest to See and Shape the Future

ebook
1 of 1 copy available
1 of 1 copy available
Bruce Bueno de Mesquita is a master of game theory, which is a fancy label for a simple idea: People compete, and they always do what they think is in their own best interest. Bueno de Mesquita uses game theory and its insights into human behavior to predict and even engineer political, financial, and personal events. His forecasts, which have been employed by everyone from the CIA to major business firms, have an amazing 90 percent accuracy rate, and in this dazzling and revelatory book he shares his startling methods and lets you play along in a range of high-stakes negotiations and conflicts.
Revealing the origins of game theory and the advances made by John Nash, the Nobel Prize—winning scientist perhaps best known from A Beautiful Mind, Bueno de Mesquita details the controversial and cold-eyed system of calculation that he has since created, one that allows individuals to think strategically about what their opponents want, how much they want it, and how they might react to every move. From there, Bueno de Mesquita games such events as the North Korean disarmament talks and the Middle East peace process and recalls, among other cases, how he correctly predicted which corporate clients of the Arthur Andersen accounting firm were most likely engaged in fraudulent activity (hint: one of them started with an E). And looking as ever to the future, Bueno de Mesquita also demonstrates how game theory can provide successful strategies to combat both global warming (instead of relying on empty regulations, make nations compete in technology) and terror (figure out exactly how much U.S. aid will make Pakistan fight the Taliban).
But as Bueno de Mesquita shows, game theory isn’t just for saving the world. It can help you in your own life, whether you want to succeed in a lawsuit (lawyers argue too much the merits of the case and question too little the motives of their opponents), elect the CEO of your company (change the system of voting on your board to be more advantageous to your candidate), or even buy a car (start by knowing exactly what you want, call every dealer in a fifty-mile radius, and negotiate only over the phone).
Savvy, provocative, and shockingly effective, The Predictioneer’s Game will change how you understand the world and manage your future. Life’s a game, and how you play is whether you win or lose.
  • Creators

  • Publisher

  • Release date

  • Formats

  • Languages

  • Reviews

    • Publisher's Weekly

      May 25, 2009
      Mesquita (The Strategy of Campaigning
      ) purports to show how we can “predict... and engineer the future” with applied game theory in this provocative tutorial. Mesquita has spent 30 years refining his approach to “the science of predictioneering,” and claims a 90% accuracy rate for his mathematical model that predicts choices based on the self-interest of decision makers. Although he argues that “accurate prediction relies on science,” he cannot escape the reality that the numbers in his model are based on human, i.e., fallible, assumptions and estimates. The author admits to a few mistakes—he predicted that former first lady Hillary Clinton's health-care reform would become law—but blames any missteps on unforeseen events and uses his model to boldly predict that President Obama is unlikely to quash the terrorist influence in Pakistan and that global warming will prove immune to government prescriptions but will produce “its own solutions.” Mesquita claims perhaps too much for his game theory model, but his cogently argued and fascinating brief will appeal to anyone interested in complex national-security issues.

    • Kirkus

      July 15, 2009
      "Politics is predictable," proclaims theorist Bueno de Mesquita (Politics/New York Univ.) in a work that adds a new dimension to the phrase"gaming the system."

      The author is a master of game theory, long used by mathematicians and economists to predict responses of"players" to various scenarios, and he claims—backed up by a"declassified CIA assessment"—a 90 percent accuracy rate in his use of that theory to predict political trends. Among his successes have been the forecast of the Tiananmen Square massacre and the Persian Gulf War well before the fact, drawing on a rather clinical but certainly effective view of human nature. About that point he is not bashful:"The view of people as cold, ruthless, and self-interested is at the heart of game-theory thinking," he writes."There may be room for nice guys, but not much. Most of the time, nice guys really do finish last." Cut a deal, political or economic, and our nasty inner Hobbesian beings emerge, which leads to certain predictable responses. Furthering the clinical bit, Bueno de Mesquita declares the likes of Adolf Hitler and Kim Jong Il to be not madmen but rational beings doing what dictators do to stay in power—requiring rational responses, that is, to check their damage."A question like'How can we get Kim Jong Il to behave better' is too vague," he writes."We need to define the objective more precisely, and we need to know the range of choices that Kim and his government can undertake." As the book progresses, the discussion becomes both more mathematically complex and more provocative. Bueno de Mesquita takes obvious pleasure, for instance, in twitting the Kyoto Protocol crowd as practically begging to be cheated on. Worth the price of admission, regardless of your view of the politics, is the author's brief primer on how to buy a car, which could just finish off the collapse of Detroit.

      Fruitful reading that will make it difficult to look at the world through quite the same eyes as in one's virginal, pre–game theory days.

      (COPYRIGHT (2009) KIRKUS REVIEWS/NIELSEN BUSINESS MEDIA, INC. ALL RIGHTS RESERVED.)

Formats

  • Kindle Book
  • OverDrive Read
  • EPUB ebook

Languages

  • English

Loading