Game Theory

Toby Foster

Game theory, a mathematical framework for analyzing strategic interactions, offers invaluable insights into decision-making processes across various domains. This abstract delves into the renowned Prisoner's Dilemma, a classic scenario elucidating the tension between individual rationality and collective outcomes. Through a nuanced exploration of strategies and payoffs, it illuminates the fundamental dynamics of cooperation and betrayal inherent in human interactions. Moreover, it draws intriguing parallels between the strategic considerations within the Prisoner's Dilemma and the intricate maneuvers observed in the context of the football draft. By examining the strategic behaviors of teams vying for top talent amidst constraints and uncertainties, this abstract sheds light on the strategic intricacies permeating both theoretical constructs and real-world scenarios, offering a deeper understanding of decision-making in competitive environments.

• Toby Foster is a senior here at Lander University completing a degree in mathematics. Toby is from Travelers Rest, South Carolina and went to Travelers Rest High School. He is currently a member of Lander University’s Wrestling and E-Sports teams.