The Traderszone Network

Published in TZ Latest News 10 May, 2014 by The TZ Newswire Staff

Rock, Paper, Scissors… Life

The structure behind the childhood pastime of rock, paper, scissors holds to modern game theory remarkably well for something so common to hungry college students contesting a final slice of 3 am pizza. As ConvergEx’s Nick Colas explains, the optimal play choice is random, but human beings have real trouble fulfilling that mandate, as in the real world, life and human biases get in the way.

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