Robert Aumann quotes
Robert Aumann is an Israeli-American mathematician renowned for his foundational contributions to game theory and its applications in economics and social sciences. His research has significantly advanced the understanding of conflict and cooperation among rational decision-makers. He was awarded the Nobel Memorial Prize in Economic Sciences for his groundbreaking work in this field. Here are 16 of his quotes:
The theory of repeated games is able to account for phenomena such as altruism, cooperation, trust, loyalty, revenge, threats (self-destructive or otherwise) – phenomena that may at first seem irrational – in terms of the "selfish” utility-maximizing paradigm of game theory and neoclassical economics.
Robert Aumann
Torah study is an intellectual pursuit, and honoring this ultimate value transfers to other pursuits as well, Jewish homes are full of books while other homes may or may not be. Jewish homes have overflowing bookshelves. Throughout the generations we have given great honor to this intellectual pursuit...Torah study makes the nation and its people of the finest and highest quality.
Robert Aumann
I would like to suggest that we should perhaps change direction in our efforts to bring about world peace. Up to now all the effort has been put into resolving specific conflicts: India–Pakistan, North–South Ireland, various African wars, Balkan wars, Russia–Chechnya, Israel–Arab, etc., etc. I'd like to suggest that we should shift emphasis and study war in general.
Robert Aumann
In many real-world situations, cooperation may be easier to sustain in a long-term relationship than in a single encounter. Analyses of short-run games are, thus, often too restrictive. Robert Aumann was the first to conduct a full-fledged formal analysis of so-called infinitely repeated games. His research identified exactly what outcomes can be upheld over time in long-run relations.
Robert Aumann