Pirates, the Dark Knight, and more Game Theory

Presh Talwalkar at Mind Your Decisions has posted a decent piece on another game theoretic situation from the opening scene in the Dark Knight (contains mild spoilers): The original plan of equal division is flawed. Each robber has incentive to increase his share by killing a fellow team member. Once a member performs his job, he loses his negotiating power and value to the team. The Joker plays off this conflict by instructing the robbers to take out fellow teammates once their tasks are performed. The game would be different if the robbers were a group and they repeated crimes together—perhaps an even split could be Continue reading Pirates, the Dark Knight, and more Game Theory