Predicting the Unknown: The History and Future of Data Science and Artificial Intelligence

© The Author(s), under exclusive license to APress Media, LLC, part of Springer Nature 2023

S. KampakisPredicting the Unknownhttps://doi.org/10.1007/978-1-4842-9505-2_12

12. The Limits of Prediction (Part B): Game Theory, Agent-based Modeling and Complexity (Actions and Reactions)

Stylianos Kampakis¹  

(1)

London, UK

 

“It is just as foolish to complain that people are selfish and treacherous as it is to complain that the magnetic field does not increase unless the electric field has a curl. Both are laws of nature.”

—John von Neumann

Arguably, there is no other mathematical theory that has done as much to destroy the illusion of equilibrium in social dynamics as game theory. Game theory was originally devised by John von Neumann and Oskar Morgenstern ...