Game (Theory) of GOD!!!
Game Theory, as discussed or taught in the subject of Operations Research, Decision Science, or Management Science has a lot of applications and implications in real life. Here, we discuss one novel application of the same. For example, most of us believe in God, while, we are not even sure whether a God exists in reality or not. We believe in God, because that is the way we are conditioned or taught to think from the very childhood. While we are all rational and educated beings and tend to have an opinion on the veracity of facts regarding other issues communicated to us, this is one aspect we take as gospel truth. We will use the concept of saddle point to illustrate this concept and how our belief system works. An illustration of the payoff table to be used for the same is reproduced below. For learning more about the concept of saddle, point one can refer to the youtube channel link given at the end of the blog. Basically, we have two players in this game, each having access ...