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Published: Jul 07 , 2014
Author: Robin Copland

I honestly do not know how many cities have trams. I know that in the UK, there are a fair few and some of the networks are extensive. Manchester and Sheffield, to name but two, have lines going all over the place and I am aware that Sheffield’s network is so well-used that a major upgrade programme has just been announced. Edinburgh now proudly joins these and, of course, many other European cities in having its very own tram – I was going to use the word “network” there again, but that’s not strictly true; “line” might be a better word. I can tell you without a moment of research and with no possibility of disagreement from anyone, anywhere that Edinburgh’s tram line excels in one area above all others – and that is its cost per kilometre...

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The Ultimate Game Theory Strategy

‘The Prisoners’ Dilemma’ is a popular game theory example involving a two-person game of strategic interaction. One version is as follows. Two prisoners are accused of a crime. If one confesses and the other does not, the one who confesses will be released immediately and the other will spend 20 years in prison. If neither confesses, each will be held for only a few months. If both confess, they each spend 15 years in prison. This creates a paradox in decision analysis in which two individuals acting in their own self-interest do not produce the optimal outcome...

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