OUR GAME THEORY PODCAST
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.
ARE FOOTBALL PLAYERS GAME THEORISTS? – SCORING THE PERFECT PENALTY | WITH BEN LYTTLETON
In this episode we talk to Ben Lyttleton about a particular topic in football: how to score the perfect penalty. Ben is an expert on penalties and has gathered a lot of insights on the ‘perfect penalty’ in his book Twelve Yards: The Art & Psychology of the Perfect Penalty. Ben shares that penalties are much more complex than initial Game Theory models would suggest. For a full understanding of penalties gathering the right data and understanding the psychology of the penalties are both critical elements. During our discussion Ben shares many anecdotes from his work with football clubs and teams.
Ben Lyttleton is a British football journalist and author of news articles and books. Our discussion is based on Ben’s book “Twelve Yards: The Art & Psychology of the Perfect Penalty”.
THE 2022 NOBEL PRIZE – WHY THE ECONOMY NEEDS BANKS | WITH KAROLIN KIRSCHENMANN
In this episode, Karolin Kirschenmann explains why this year’s Nobel Prize in economics was given to Ben Bernanke, Douglas Diamond and Philip Dybvig.
We discuss their research on the role of banks in the economy and the models developed by the researchers. We deep-dive into the modelling of bank-runs and their relationship to Game Theory.
Karolin Kirschenmann is deputy head of ZEW’s Research Unit “Pensions and Sustainable Financial Markets”. Her research focuses on the areas of banking and (global) financial intermediation.
© Anna Logue Fotografie
WHY MARKET DESIGNERS LOVE NFTS | WITH SCOTT KOMINERS
In this episode, Scott Kominers introduces us to the exciting world of NFTs. We learn about their fascinating properties and their potential for creating new markets or reshaping existing ones. Scott also gives a few practical examples of how NFTs can be used, both in the digital and the real world.
Scott also gave us the idea of creating our very own NFT: We used the Proof of Attendance Protocol (POAP) to create a “digital badge or collectible” using blockchain technology. POAPs are typically used to digitally prove attendance of an event. In our case, we use them as a fun way to celebrate this Game Changer episode with our listeners. You can claim your very own POAP by contacting us via email at email@example.com.
Scott Duke Kominers is Professor of Business Administration in the Entrepreneurial Management Unit at Harvard Business School, a Faculty Affiliate of the Harvard Department of Economics, and a Research Partner at a16z crypto. He also advises a number of companies on marketplace and incentive design, especially in the world of crypto and web3. He is co-authoring a book about NFTs.
DO WE NEED A PRICE FOR DAMAGING THE CLIMATE? – WITH ACHIM WAMBACH
In this episode, we discuss with Achim how addressing climate change and economics, especially market design, are linked. Achim shares which economic incentives we should utilize to ensure we can meet our climate goal. Our discussion is based on Achim’s very recent new book publication “Klima muss sich lohnen”.
Achim Wambach is the president of the ZEW, the Leibniz Centre for European Economic Research, and professor of economics at the University of Mannheim. He was a member of the German Monopolies Commission from 2014 to June 2022 and served as its chairman from 2016 to September 2020. Achim also is a member of the Scientific Advisory Board of the Federal Ministry for Economic Affairs and Energy.
TALKING ABOUT A REVOLUTION – HOW GAME THEORY CAN PREDICT THE STABILITY OF POLITICAL SYSTEMS | WITH BRUCE BUENO DE MESQUITA
In this episode, Bruce shows us how Game Theory can be successfully applied in the field of political science. In particular, we discuss the explanatory and predictive power of the Selectorate Theory, which analyses political systems regarding their properties as democracy or autocracy.
Bruce explains the underlying game theoretic model of this theory, how he obtains the data, and which conclusions he can draw from the results, including predictions on coups or revolutions.
Bruce Bueno de Mesquita is the Julius Silver professor at New York University and emeritus senior fellow at Stanford University’s Hoover Institution. He is a political scientist, specializing in policy forecasting, political economy, and international security policy. He is also the author of many books, like “The predictioneer’s game” and “The dictator’s handbook”, among others.