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My guest today is Robert Aumann, the fourth Nobel Prize winner to appear on this podcast. Aumann is an Israeli-American mathematician, and a member of the United States National Academy of Sciences. He is a professor at the Center for the Study of Rationality in the Hebrew University of Jerusalem in Israel.

The topic is game theory.

In this episode of Trend Following Radio we discuss:

• Conflict and cooperation through game theory analysis
• World via his game theory perspective
• Meeting John Nash and Aumann\\u2019s early background
• What game theory is trying to accomplish
• The economic definition of rationality
• The idea of a strategy matrix
• The world champions of peace and the best way to maintain peace
• The 2008-09 bailouts from Aumann\\u2019s perspective and a game theory outlook
• Behavioral economics
• Game theory, diplomats, and the Cuban Missile Crisis
• The existence of nuclear weapons and the Cold War

Jump in!

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I\\u2019m MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I\\u2019m proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show.

To start? I\\u2019d like to give you a great piece of advice you can use in your life and trading journey\\u2026 cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/

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