Today we will be taking some time to return to the study of Game Theory. We will be reading and analyzing the article Lessons From Game Theory: What Keeps Kasich in the Race?
The article tries to explain the complicated interrelated strategies in the Republican Primary for President from the point of view of the person seemingly least likely to win, yet who has not yet dropped out, Governor John Kaisch johnkasich.com
The article focuses on the other candidate most like Gov. Kaisch, Senator Marco Rubio Marcorubio.com
Senator Ted Cruz -- 20%
Senator Marco Rubio --18%
Ben Carson --9%
Governor John Kaisch --9% (8/8%)
Here is a depiction of the main candidates in the current primaries; currently in American politics, a candidate (and the party she or he stands for) must capture more than half of the "moderate" vote in order to win.
As you read the article take notes in order to think about, understand, and answer the questions prompted on the handout.
How is the "car crash" in the first paragraph a metaphor?
Why is it that, "The longer both candidates remain the race, the worse it is for both of them"?
What are the three (3) pertinent strategies for bargaining?
The article tries to explain the complicated interrelated strategies in the Republican Primary for President from the point of view of the person seemingly least likely to win, yet who has not yet dropped out, Governor John Kaisch johnkasich.com
The article focuses on the other candidate most like Gov. Kaisch, Senator Marco Rubio Marcorubio.com
The polls currently show support for the various Republican candidates as:
Donald Trump -- 35%Senator Ted Cruz -- 20%
Senator Marco Rubio --18%
Ben Carson --9%
Governor John Kaisch --9% (8/8%)
Here is a depiction of the main candidates in the current primaries; currently in American politics, a candidate (and the party she or he stands for) must capture more than half of the "moderate" vote in order to win.
As you read the article take notes in order to think about, understand, and answer the questions prompted on the handout.
How is the "car crash" in the first paragraph a metaphor?
Why is it that, "The longer both candidates remain the race, the worse it is for both of them"?
What are the three (3) pertinent strategies for bargaining?
How is what Sen. Rubio believes about Gov. Kaish important?
What is the importance of promises in negotiations?
Explain the importance of "saving face" in a game of chicken.
Explain issues around "acting crazy" in a game of chicken.
What are alternating victories, and when are they common?
After analyzing the article on Game Theory, students had time to complete the story board for the Economic Story Telling Project.
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