  
			I am really perplexed about our conventional mathematical economics. 
			Yesterday night, I watched the excellent and dramatic movie ‘A 
			Beautiful Mind’ about the life of Nobel Prize winner John Nash. As I 
			finished to watch this movie, I was wondering if Nash’s affliction 
			of schizophrenia was worsened just because of his mathematical 
			obsession of finding equilibrium in the mathematical area of game 
			theory. Also, I found comforting to realize that Nash’s miraculous 
			recovery was achieved through the miraculous love of his wife 
			Alicia.
			Game theory has been defined as thinking of thinking since as you 
			play a game you must think of your next move which is dependent on 
			all the previous moves of all the players and on the next future 
			consequential thinking of all the players as well. I must say that I 
			dislike the societal implications of conventional game theory, and 
			in this respect, these implications can be appreciated as we watch 
			today the TV series ‘Big Brother."  
			In this TV series, so many people live together in a house and 
			they play a game whereby they decide to kick out of the house one 
			person at a time; the winner of the game is the person who remains 
			in the house and who hasn’t been kicked out. Now as these people 
			play the ‘Big Brother’ game we realize how phony they are as they 
			make and break loyalties among themselves.  
			
			 Is 
			it with the societal understanding of conventional game theory that 
			we want to build a better society? Do we really want a society of 
			phony people rather than a society of citizens thinking for 
			themselves? I personally don’t appreciate having other people 
			thinking for me, as I don’t do my thinking for others.  
			This very morning I received an e-mail from the business Expert 
			Choice and as they advertised their ‘decision making software’ it 
			was gratifying to have a reinforced understanding that we can make 
			societal and business decisions using both our individual thinking 
			and our individual emotions.  
			Expert Choice software is based on Dr. Thomas Saaty’s work on the 
			mathematical Analytic Hierarchy Process (AHP).
			 The 
			dynamic understanding of Saaty’s work converges with Dr. Jay 
			Forrester’s work on System Dynamics where any system can be 
			conceptualized in terms of flows and sinks. The beauty of System 
			Dynamics is that any system can be understood by anybody; and in 
			fact, it is a matter of just thinking and playing in terms of water 
			flowing from taps and water sinking into tubs.  
			I don’t subscribe to the societal implications of conventional 
			game theory as this theory is based on winning at the expense of 
			other people, that is plutocracy, democracy for the few and 
			privileged. Instead, I subscribe to the societal implications of 
			System Dynamics where everybody wins, individually and collectively, 
			that is democracy for all.  
			References  
			A Brilliant Madness: The Story of Nobel Prize Winning 
			Mathematician John Nash. PBS http://www.pbs.org/wgbh/amex/nash/index.html
			 
			Big Brother 3. CBS http://www.cbs.com/primetime/bigbrother3  
			Expert Choice. The Analytic Hierarchy Process. http://www.expertchoice.com/hierarchon/references/preamble.htm
			 
			MIT System Dynamics Group The System Dynamics Group was founded 
			in the early 1960s by Professor Jay W. Forrester at MIT. At that 
			time, he began applying what he had learned about systems during his 
			work in electrical engineering to every day kinds of systems. What 
			makes using system dynamics different from other approaches to 
			studying complex systems is the use of feedback loops. Professor 
			John D. Sterman is the director of the System Dynamics Group. 
			http://sysdyn.mit.edu/sd-group/home.html  
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