Games end in a damp squib...

Well, so much for the Games! What a dud of an end...

Last week saw us engaging in a set of 4 "games". Laid out in the Microeconomics charter, these pertained to the "Game Theory" I had talked about briefly in an earlier entry.

Essentially, Strategic thinking, wherein you base your every move after analysing your opponent's reaction three steps ahead! Both parties attempt to arrive at a "Nash equilibrium", or a mutually beneficial state of affairs. If this sounds eclectic, think of the movie "Beautiful Mind", starring Russell Crowe. He played the character of a brilliant, schizophrenic matematician named John Nash.

The games were meant to be played in a spirit of implicit collusion between the Singapore campus, the France INSEAD campus and the folks at Wharton. In other words, while you cannot explicitly indicate your strategy to your opponent, you both agree to maximze cumulative profits.

Except that someone (and we all suspect them Wharton guys), looked to only maximize their own profits and most S'pore teams got smashed. Of course, this was only the first round...we were all set to jump right back when the games were called off. Too bad...