Game theory economics

Author: Lu Zhoulai
Publisher:
Publish Date: 2004-05-01
Features: Economists studying economics is like a cat playing with mice. First, a diverse society needs economists to use "cat eyes" to explain the world. Second, perhaps the economists' efforts might really "catch a dead mouse with a blind cat." Moreover, even if they fail to catch a mouse, the cat's cries can scare the mice away. If all these functions are absent, it's simply a game that can entertain society. Moreover, saying that economic research is a game does not diminish the status of economists. Often, it is when people do something to a certain extreme, to the point of doing it with ease, that they reach the "game" level. Therefore, the Chinese sage Confucius said that scholars "aspire to the Dao" but achieve it through "engaging in the arts." The ancient Greek and Roman philosophers also regarded "rhetoric" as a "game" to reach the realm of truth. And the great economist Hicks, who won the Nobel Prize in Economics, frankly admitted, "Economics is essentially a game of intellect." The economics notes presented to you actually include three parts: One part is the analysis of society and life through economics. Another part is my personal opinions and comments, focusing on the political economy behind events such as "SARS" and the "Iraq War," as evidence of a scholar's constant "presence." The last part is for leisure reading, playing with economic games. Now, open the book and see if this "cat" of mine performs clumsily!