Show Summary Details

p. 886. Informationlocked

  • Ken Binmore


‘Information’ looks at the role information plays in games. When players hold imperfect information game theorists need to keep track of what is known, and when. Playing a game like poker with a minimax strategy is neither profitable nor fun. Success depends on changing what your opponent thinks they know about your hand through bluffing. Hobbes outlined four properties: body, passion, experience, and reason — which give rise to a player's ‘type’. Rational Analysis assumes that player types are common knowledge, but this is not always so in the real world. A player can signal their type to other players. This generally involves a costly action as a show of strength.

Access to the complete content on Very Short Introductions online requires a subscription or purchase. Public users are able to search the site and view the abstracts and keywords for each book and chapter without a subscription.

Please subscribe or login to access full text content.

If you have purchased a print title that contains an access token, please see the token for information about how to register your code.

For questions on access or troubleshooting, please check our FAQs, and if you can't find the answer there, please contact us.