Sunday, May 07, 2006
Today's FT Magazine has an interesting article by Tim Harford of the world of competitive poker. Game theorists since von Neumann have been interested in the game and with $250m supposedly bet each year more are trying to use game theory and computer science to profit from poker. Of course, the one thing we know is that this is a zero-sum game, so there will be losers. The effort is in trying not to be one.