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Game Theory and the Greek Economic Crisis

Geoff Riley

26th June 2015

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Game theory can be described as the mathematical study of decision-making, of conflict and strategy in social situations. It helps explain how we interact in key decision-making processes. In this article from the BBC Marcus Miller, professor of economics at the University of Warwick joins the dots and links the choices facing Greece and her creditors to the Prisoner's Dilemma. Click here for the article http://www.bbc.co.uk/news/magazine-33254857

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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.