Ep. 552: Mega Eclectic Number Two with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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What Is Game Theory Trying to Accomplish?
Game theory is an analysis of interactive situations in which people are striving to or entities, not necessarily people. Different entities interact with each other and each one is trying to promote his own goals. Each one is rational when he's taking into account that the other players are also trying to promote their goals - not his goals, but their goals.
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Transcript
