game theory

  • The Playful Mind: An Empty Space & Ontoconscience

    The Playful Mind: An Empty Space & Ontoconscience

    Patrick continues with new research at the frontier of game theory and sci-fi fantasy storytelling in the search for a solution to a no-exit endgame. Building on themes addressed in the various Masterclass sessions in Hong Kong, Shanghai and Singapore, in particular neotenic data patterns and artificial moral agents [AMAs], Patrick refers to The Tao…

  • My|self, F2R and Macalla in a Triolectic Fantasy Play

    My|self, F2R and Macalla in a Triolectic Fantasy Play

    At the Museum Jorn in Silkeborg, 2026, April 10-12, Patrick presented the inaugural address at a Symposium on triolectics and absurdity. If behaviour in an existential crisis could be framed as a surreal game of imagination could it evolve as a piece of theatre in the genre of LitRPG? If so, we have an absurd…

  • My|self© in a No-Exit-Endgame

    My|self© in a No-Exit-Endgame

    There is a new book planned for next year. The narrative is centred on My|self a[1] fictional character, a player in a surreal game of waiting. The character should be understood as a kind of illusionist in the sense of Prospero who conjures a strange world into existence. It’s a chance to explore our curiosity…

  • Playing the Spectator While Waiting for Covid

    Playing the Spectator While Waiting for Covid

    Across the world we are adjusting and adapting to life under lockdown, furloughed, cocooning, and moving around within an agreed social distance. We are responding to a new world order under Covid, a new normal with a greater degree of mutual interdependence as people observe and respond to each other’s behaviour. While there are computer…

  • An ultimatum game of ichi-go ichi-e

    There was an opportunity, one meeting at Osaka for world leaders at the recent G20 summit. A valuable starting point for the policy-makers, faced with a menu of economic theories, is trust in each other and a new inter-disciplinary approach with an emphasis on ethics and economics. Climate change, migration and displacement, IoT and 5G,…

  • Do You Want To Eat Grandma?

    The eye of Sauron gazes down upon us as we click, search and buy online in an endless feedback loop of transactions. We rely on algorithms for advice, for direction and general guidance and reassurance in our personal lives. Machines and robots are thinking because rational humans have stopped thinking. Consider this thought experiment: mentally…

  • Bargaining & Dispute Resolution

    Recently, at the Manchester Business School we introduced bargaining as a solutions methodology for use in alternative dispute resolution (ADR). It was the central theme of Day 2 of a three day residential Workshop on the broad theme of ethics and responsibility in business (ERB) http://www.patrickmcnutt.com/news/new-module-ethics-in-business/ a new elective available to all MBAs. The material…

  • Agincourt 1415: Henry V vS Charles VI

    Sunday 25th October 2015 marks the 600th anniversary of the Battle of Agincourt in 1415. It is an interesting battle from the perspective of non-cooperative game theory. It has elements of both imperfect information on how the game is played and incomplete information of player type. The optimal strategy for Henry V or Charles VI…

  • Activist shareholders, Tobin’s q = Marris v

    Investors generally over-react to good and bad times. Equity values are now increasing at a decreasing rate across the indexes as investors anticipate corporate earnings and begin to read the signals; many investors extrapolate past share price performance, and using an moving average or charting the trends in the share price are de rigueur in…

  • Memo to Ms Ahrendts

    MEMO Re: Apple Inc: Play not to lose: Minimax strategy Dear Ms Ahrendts Congratulations on your recent appointment. We have been commenting on Apple for a number of years in this Blog, and from the perspective of game theory. You should challenge everything about the data – market share figures, consumer loyalty and the source…