lukeclancy / tags / game theory

Tagged with “game theory” (1)

  1. Game Theory

    Episode five of Another Five Numbers, the BBC radio series presented by Simon Singh.

    In 2000, the UK government received a windfall of around £23 billion from its auction of third generation (3G) mobile phone licences. This astronomical sum wasn't the result of corporate bidders "losing their heads", but a careful strategy designed to maximise proceeds for the Treasury.

    —Huffduffed by lukeclancy