Heart of Gold: Game Theory in Game Show “Golden Balls”
Would you trust a complete stranger to cooperate with you when money is on the line? Would you deceive them instead and take the money for yourself? These questions are put to the test on the British TV game show called “Golden Balls”, which ran from 2007 to 2009. After several rounds involving strategizing, cooperating, and lots of golden balls, the final round consists of an all-or-nothing decision between the two finalists. The jackpot will either go to only one of the two contestants, be split in half, or be lost by both players. This is because each finalist has Continue reading Heart of Gold: Game Theory in Game Show “Golden Balls”