Game Changer - the game theory podcast

Oct 21 2024 94 ep. 27 mins 173
Game Changer - the game theory podcast artwork

In Game Changer, the podcast by TWS Partners, we want to share our enthusiasm and passion for game theory and its applications. We invite guests from business and academia to discuss how they use the power of game theory in their profession to make a difference – and to learn some fun anecdotes, useful facts and valuable insights along the way. Join us on this journey, and find out that game theory is much more than a topic for ivory tower discussions.

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Breaking down Brexit – a game theoretic perspective | with Stefaan De Rynck

Oct 21 2024 33 mins  
In this episode, we delve into the high-stakes negotiations between the EU and the UK during Brexit, exploring the strategies and tactics from a game-theoretic perspective. Stefaan De Rynck provides an insider's view of the process, discussing key moments, the differing objectives of both sides, and the strategic approaches taken to achieve their goals. We analyze how the EU mainta

Are you among the top performing managers? – Overconfidence and its causes | with Collin Raymond

Jul 15 2024 31 mins  
In this episode, we discuss overconfidence and its underlying psychological mechanisms. Our guest Collin Raymond shares his research (joint work with David Huffman and Julia Shvets) based on a field study he conducted with managers in the context of their Bonus payment. We discuss their findings on how managers make overconfident predictions about their individual future performan

Avoiding Value Drain in Dealmaking – Game Theoretic Strategies | with Paul Papayoanou

Jul 01 2024 23 mins  
In this episode, we delve into the common pitfalls that negotiators face which lead to value drain in dealmaking. Our guest Paul Papayoanou identifies four types of value-destructive behaviours and shares insights on avoiding these traps. He also outlines the characteristics of an effective dealmaker, emphasising the importance of being a savvy strategist who can balance toughness

Playing the Gene Game: On Genomics, Insurance, and Game Theory | with Eduardo Azevedo

Jun 17 2024 28 mins  
In this episode, we discuss with Eduardo Azevedo his research on adverse selection in insurance markets. Eduardo gives details on recent developments in genomic advances, also in light of the significant price decrease for obtaining the individual genome. We discuss the possible long-term effect on the insurance market (e.g. specific health insurances) if individuals had access to

Explaining Loss Aversion using Game Theoretic models | with Greg Kubitz

Jun 03 2024 23 mins  
In this episode, we discuss with Greg Kubitz his research on loss aversion. Greg shares his research in which he targets to explain loss aversion using Game Theoretic approaches. He combines approaches such as the principal agent model to be able to look at loss aversion through the evolutionary lens considering realistic assumptions on biological constraints given through our neur

Us vs. Them: Experiments on group identity| with Yan Chen

May 20 2024 32 mins  
In this episode, we engage with Yan Chen to unravel the underlying mechanisms of group identity and group discrimination. Yan discusses her research on ingroup favoritism. We learn how ingroup favoritism can occur even in assigned, artificial groups, and that people with a strong group identity even have a willingness to pay to shield themselves from outgroup information. Yan also

Game Theory Goes to School: Strategic Decisions in Young Minds | with Isabelle Brocas

May 06 2024 31 mins  
In this episode, we explore the fascinating intersection of developmental psychology and economic theory through the lens of children's strategic decision-making abilities: Our discussion focuses on how the evolving capacities of children's brains influence their ability to engage in complex strategic thoughts. Our guest Isabelle Brocas shares the fascinating findings from long-ter

Playing for a Better Society: Game Theory and Civic Responsibility | with Tore Ellingsen

Apr 22 2024 25 mins  
In this episode, we delve into the complex world of fostering civic responsibility. Our guest Tore Ellingsen explains how the interplay of regulation, personal sacrifice, and culture can build socially responsible societies or organisations. The conversation is rooted in the perspectives offered in Tore’s recent book, "Institutional and Organizational Economics: A Behavioral Game

To click or not to click: can we trust sponsored search results? | with Maarten Janssen

Apr 08 2024 28 mins  
In this episode, our guest Maarten Janssen helps us to explore the field of consumer (online) search. We discuss why economists are particularly interested in this topic and explore the reliability and dynamics of sponsored search results, uncovering the nuances and implications of these prevalent online phenomena. The insights from Maarten’s research (which he conducted together

Discouraging consumption of sin goods – taxes versus nudges | with Dmitry Taubinsky

Mar 25 2024 36 mins  
In this episode, we explore with Dmitry Taubinsky economic approaches on regulating sin goods such as alcohol or sugary beverages. We discuss the classical approach of taxation and Dmitry compares the approach to nudging approaches. Our discussion leads us into many further economic details: From externalities and internalities, over the question who bears the tax burden to the pri