War and Peace
Just within 2 weeks of listening to one Nobel Laureate, I had the good fortune of listening to another - Prof Robert Aumann at IISc at a conference jointly organised by IISc, IBM and IIMB. Prof Aumann was born in Frankfurt in 1930, completed his PhD in Mathematics from MIT and got the nobel prize in 1905 for his contribution to Game Theory. A team of about 15 people including Professors, Research Fellows and students from IIMB made it to IISc. The gathering consisted of elite group of scientists, thinkers, academicians, business leaders listening to a Wise Man. Prof Aumann enthralled us with his views on suicide bombing, altruism, pragmatism, ideology and game engineering. For the benefit pf the audience, he defined the basic assumption of all players in Game Theory as rational beings -" A person's behaviour is RATIONAL if to the best of his knowledge, it promotes HIS goals. " Hence, war is rational and Prof Aumann even extended this to suicide bombers whom he considered ...