10 October 2005

Holy crap!

I'm sure the champagne is being poured in College Park today. As soon as I saw the headline 'Game Theorists Win Nobel Prize for Economics', I thought of Lee. Suffice it to say, one of the winners is a professor at Maryland, who 'showed ''that a party can strengthen its position by overtly worsening its own options, that the capability to retaliate can be more useful than the ability to resist an attack, and that uncertain retaliation is more credible and more efficient than certain retaliation.''' Thanks to Lee, I kinda understand what that all means. I *knew* there was a reason I started rereading Naked Economics yesterday...

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I can neither whistle, nor blow bubbles with bubble gum.