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June 13, 2008

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Steve Laniel

In re the difficulty of making a great movie out of a great book: see Hitchcock's thoughts on why he never adapted "Crime and Punishment" -- a book which would seem to be perfect Hitchcock material:
http://laniels.org/weblog/2002/09/07/hitchcock-on-tolkien-sorta/

michael webster

You might also like Elmore Leonard's excellent description of a real prisoner's dilemma game, in the last chapters of Swag, its earlier title was "Ryan's Rules"

Leonard describes the dynamics of mistrust that ensues when a bank robbery goes wrong and one of the gang is charged.

Very insightful - especially as clear counter-example to common knowledge.

I have two short pieces on the book.

http://www.bizop.ca/blog2/how-would-you-play-that/how-to-rob-a-store-and-get-awa.html

http://www.bizop.ca/blog2/how-would-you-play-that/how-to-cheat-your-partners-and.html

Nikrooz Nasr

Dear Prof. Rodrik
Would you mind give your opinion about "A Guide to What's Wrong with Economics".

http://www.amazon.com/Guide-Whats-Economics-Anthem-Finance/dp/1843311488

Piotr

I haven't read the book, but the clip is powerful and tragic. I don't see though where game theory fits in, since it appears the balloon would have risen even if all the rescuers had held on. Maybe the scene in the book is different?

Omair

Not sure if you're into kids' books, but both the book and movie versions of Holes are really good.

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It's not clear to me that the second game isn't another coordination game. I want to hold on if I think others will, and to let go if I think others will also.

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I am really grateful that another person saw some economic theory behind the story, just as I did. I would also add that the selfish character of the human being plays a role in this episode; some of them wanted to survive, but the person who did not let go was perhaps even more selfish and thought that his regrets would have lowered his quality of life.

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It's not clear to me that the second game isn't another coordination game. I want to hold on if I think others will, and to let go if I think others will also.

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