How To Do Game Theory
Chapter 1: Utility and zero-sum games
Published in
5 min readJun 14, 2023
Imagine I offer you a choice between $1 and $100. Whatever you pick, you get to keep. What do you choose? (It’s not a trick question.)
You pick $100, right? $100 has more value than $1 (by definition), so that’s the better choice.
And what if I offer you a choice between going to the movies and cleaning a toilet?