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Seize the Moment Podcast

Aug 28, 2022

On episode 143, we welcome Moshe Hoffman to discuss game theory and its applications to real-world decision-making, the dove/hawk game and why we don’t need to calculate value quantitatively to pursue goals, cultural evolution and why morals don’t need to be objectively true for us to subscribe to them, short term vs long term optimization and our tendency to sacrifice the latter for the former, how the incentive structure in capitalistic societies fosters greed and predatory behavior, the important role of emotions in decision-making, and how preferences and our desires to attain them are cultivated.

Moshe Hoffman is a research scientist at the Max Planck Institute for Evolutionary Biology, a research fellow at MIT's Sloan School of Management, and a lecturer at Harvard's department of economics. His research focuses on using game theory, models of learning and evolution, and experimental methods to decipher the motives that shape our social behavior, preferences, and ideologies. His newest book, co-authored with Erez Yoeli, is called Hidden Games: The Surprising Power of Game Theory to Explain Irrational Human Behavior.

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