Tag Archives: exchange

From Hermits to Heads of State – Games People Play II

My last post tried to put into visual perspective a bit of an overview of game theory since most of our common knowledge of game theory derives from the rather singularly myopic focus by the media on “zero sum games” … Continue reading

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Russian Dolls, Businesses, and Games

One of the more unique souvenir items in the world is what are known as Russian nesting dolls – a doll in a doll in a doll, perhaps nested up to seven in a set.  When we travelled in Russia … Continue reading

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The Zero Sum (0 Σ) Game [FP]

The Zero Sum Game (0 Σ).  This is perhaps the easiest “game” to recognize because it is so universal in our experience.  We’ll identify it as Fundamental Principle 4a: An interaction between two or more people where the value of the … Continue reading

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Business – A Definition [FP]

Business, a Definition – Also Fundamental Principle 1 Before going further, it seems wise to clarify some misconceptions (perhaps yours) about business by providing some really useful up-to-date definitions (really mine): An organization (of 2 or more people) operates as … Continue reading

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