The Joker in Christopher Nolan's 2008 film "The Dark Knight" masterfully uses information and skewed games to create fear and chaos. In this episode, we break down the Joker's most consequential schemes and unveil the Information + Game Theory behind some of our favorite scenes from the film. How exactly does the Joker use games and information to manipulate Gotham? Let's find out!  Subscribe for new episodes! And follow along for minisodes on TikTok: here! [Warnings: Spoilers] Sources: [1] Information Asymmetry [2] Fake News, Misinformation &amp; Disinformation (UW Bothell) [3] Prisoner's Dilemma Nolan, Christopher. (2008) The Dark Knight [Film]. Warner Bros. Pictures Music by Damma Beatz--- This episode is sponsored by · Anchor: The easiest way to make a podcast.  https://anchor.fm/app

The Joker in Christopher Nolan's 2008 film "The Dark Knight" masterfully uses information and skewed games to create fear and chaos. In this episode, we break down the Joker's most consequential schemes and unveil the Information + Game Theory behind some of our favorite scenes from the film. How exactly does the Joker use games and information to manipulate Gotham? Let's find out!  Subscribe for new episodes! And follow along for minisodes on TikTok: <a href="https://www.tiktok.com/@thearmanmadani" rel="nofollow" target="_blank">here</a>! [Warnings: Spoilers] Sources: [1] <a href="https://en.wikipedia.org/wiki/Information_asymmetry#2001_Nobel_Prize_Inspirations" rel="nofollow" target="_blank">Information Asymmetry</a> [2] <a href="https://guides.lib.uw.edu/c.php?g=345925&amp;p=7772376" rel="nofollow" target="_blank">Fake News, Misinformation &amp; Disinformation</a> (UW Bothell) [3] <a href="https://en.wikipedia.org/wiki/Prisoner's_dilemma" rel="nofollow" target="_blank">Prisoner's Dilemma</a> Nolan, Christopher. (2008) The Dark Knight [Film]. Warner Bros. Pictures <a href="https://www.epidemicsound.com/track/gh0fhFaO4w/" rel="ugc noopener noreferrer nofollow" target="_blank">Music by Damma Beatz</a>--- This episode is sponsored by · Anchor: The easiest way to make a podcast. <a href="https://anchor.fm/app" rel="nofollow" target="_blank">https://anchor.fm/app</a>

Information, Game Theory, and The Dark Knight

The main character of 2019's hit film Uncut Gems, Howard ("Howie") Ratner, provides us with a great window into the mind of a compulsive gambling addict. In this episode, we trace Howard's debt burden and analyze his bets and resultant behavior as his losses mount. What exactly is the magnitude of the risk that Howie has taken? And does his emotional variance follow behavioral economics theory? Let's find out!  Subscribe for new episodes every week! And follow along for minisodes on TikTok: here! [Warnings: Explicit Language, Spoilers] Sources: [1] Renew/Roll over Payday Loans [2] The Unpredictable Economics of Pawn Shops [3] Prospect Theory: An Analysis of Decision Under Risk. Daniel Kahneman, Amos Taversky [4] Prospect Theory (Wikipedia) [5] Parlays, Explained (Oddsshark) Credit: Safdie, Josh; Safdie, Benny. (2019) Uncut Gems [Film]. A24, Elara Pictures, IAC Films, Sikelia Productions, Scott Rudin Productions Music by Damma Beatz

The main character of 2019's hit film Uncut Gems, Howard ("Howie") Ratner, provides us with a great window into the mind of a compulsive gambling addict. In this episode, we trace Howard's debt burden and analyze his bets and resultant behavior as his losses mount. What exactly is the magnitude of the risk that Howie has taken? And does his emotional variance follow behavioral economics theory? Let's find out!  Subscribe for new episodes every week! And follow along for minisodes on TikTok: <a href="https://www.tiktok.com/@thearmanmadani" rel="nofollow" target="_blank">here!</a> [Warnings: Explicit Language, Spoilers] Sources: [1] <a href="https://www.consumerfinance.gov/ask-cfpb/what-does-it-mean-to-renew-or-roll-over-a-payday-loan-en-1573/" rel="nofollow" target="_blank">Renew/Roll over Payday Loans</a> [2] <a href="https://thehustle.co/the-unpredictable-economics-of-pawn-shops/" rel="nofollow" target="_blank">The Unpredictable Economics of Pawn Shops</a> [3] <a href="https://www.uzh.ch/cmsssl/suz/dam/jcr:00000000-64a0-5b1c-0000-00003b7ec704/10.05-kahneman-tversky-79.pdf" rel="nofollow" target="_blank">Prospect Theory: An Analysis of Decision Under Risk. Daniel Kahneman, Amos Taversky</a> [4] <a href="https://en.wikipedia.org/wiki/Prospect_theory" rel="nofollow" target="_blank">Prospect Theory (Wikipedia)</a> [5] <a href="https://www.oddsshark.com/sports-betting/parlay-betting" rel="nofollow" target="_blank">Parlays, Explained (Oddsshark)</a> Credit: Safdie, Josh; Safdie, Benny. (2019) Uncut Gems [Film]. A24, Elara Pictures, IAC Films, Sikelia Productions, Scott Rudin Productions <a href="https://www.epidemicsound.com/track/gh0fhFaO4w/" rel="nofollow" target="_blank">Music by Damma Beatz</a>

The Chaotic, Degenerate Economics of Uncut Gems

Would the Krusty Krab be profitable? What about Central Perk? How do fast food chains make a profit with such low prices? Why would a sports teams choose to fail? Let's find out! Here at Cultural Capital, we explore the hidden economics behind your favorite trends and pop culture.NEW EPISODES EVERY WEEK! Subscribe to stay informed! Check out Cultural Capital on TikTok for minisodes: https://www.tiktok.com/@thearmanmadani

Would the Krusty Krab be profitable? What about Central Perk? How do fast food chains make a profit with such low prices? Why would a sports teams choose to fail? Let's find out! Here at Cultural Capital, we explore the hidden economics behind your favorite trends and pop culture. NEW EPISODES EVERY WEEK! Subscribe to stay informed! Check out Cultural Capital on TikTok for minisodes: <a href="https://www.tiktok.com/@thearmanmadani" rel="nofollow" target="_blank">https://www.tiktok.com/@thearmanmadani</a>

Cultural Capital

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