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15th February 2006 Andrei Brougham

Exeter Undergrads told “How Economics can Change your Life”

Tim Harford, columnist with Slate and with the FT Magazine, and former World Bank employee, visited the Rector’s Lodgings on Sunday February 12th. He gave a very engaging expose of the history of game theory, from its influence on the Vietnam War to its origins in poker playing. Though his talk was entitled “How Economics can change your Life”, Mr. Harford conceded that game theory is unable to explain many types of behaviour: the jury is still out on whether with game theory economists may have been dealt a bad hand.

Mr. Harford’s forthcoming book – ‘The Undercover Economist’ – will be published in March.

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