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A wonderful quote about the nature of Game Theory
Game theory is no doubt wonderful for telling stories. However, it flunks the main test of any scientific theory: The ability to make empirically testable predictions. In most real-life situations, many different outcomes -- from full cooperation to near-disastrous conflict -- are consistent with the game-theory version of rationality. by Michael Mandel, on Kahneman and Smith 2002 Nobel Prize in Economics.