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Sri Lanka’s new rulers look at “game theory” to pass 19th & 20th amendment: Harsha de Silva
27 Apr, 2015 13:16:05
By Anushika Kamburugamuwa
Apr 27, 2015 (LBO) – Sri Lanka’s new administration said, it has to use the theory of games, a study of strategic decision making to pass the 19th and 20th amendments to the constitution.

Game theory is a strategic decision making process that is mainly used in economics, political science and psychology as well as logic, computer science and biology.

“There is something called corporative competition in this theory, that can be applicable now,” Harsha de Silva, Deputy Minister of Policy Planning and Economic Development said Monday.

He was speaking at the South Asian Investment Conference (SAIC) organised by the Colombo Stock Exchange (CSE) in association with the South Asian Federation of Exchanges (SAFE), held today (27th April) at the Galadari Hotel, Colombo.

Corporative competition in the game theory explains that it is possible for all players to lose to the game or for all players to collectively win. All players collectively winning could be as consequence of “beating the game” together or everyone meeting some specified win condition together or individually.

“As for now, each party is trying to get ahead to win the maximum number of seats in the election but all of us has to corporate to get the 19th amendment and the 20th amendment passed,” de Silva said.

“So therefore how do you deal with it? How much can you give and how much you take?,”

“So anybody who studied the game theory may know it is about how much to divulged, how much not to divulged , what to see , whether you cheat whether you don’t , whether you pull out half way etc. particularly in politics.”

Sri Lanka’s President Maithripala Sirisena today made a special statement in parliament, opening the debate of the much awaited 19th amendment to the constitution.

“I don’t think there were any state heads that acted with such flexibility to remove these powers and I expect all of you to vote for this.” President Sirisena said.

The President also asked the opposition parliamentarians to clear any doubts regarding the amendment during the debate before making the historical decision.

The vote will take place Tuesday evening.

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READER COMMENT(S)
6. EXPAT Apr 28
Nash Theory was introduced by John Nash in 1951. The theory is named after him because it was he who explained a mixed strategy "Nash Equilibrium" for any game with a finite set of actions and prove that at least one must exist in such a game. Whatever was presented before is not "NASH THEORY" :)
5. Accountant Apr 28
I suggest the so called "Economist" study Nash Equilibrium Theory which was introduced in 1944 by John Van Nuemen and Oskar Morgenstein in their book the Theory of Games and Economic behavior. Both Neuman and Morganstein were mathematicians. The earliest study of this phenomena was by the Economist Antione Cournot in 1838 where he initially used the concept subsequently developed by John Nash to explain the behavior of Oligopolies. Looks Like Harsha learnt a lot more than the economist when he did his PhD in Missouri. Kapila
4. sg Apr 27
Go for the win - win solution.
3. sg Apr 27
Go for the WIN - WIN solution.
2. Economist Apr 27
O'dear!! "something called corporative competition" Where did you get your PhD from? On the internet? There is nothing called cooperative competition, game could be cooperative or non-cooperative. Hope there were no economist in the audience. What a shame??
1. Suneth Perera Apr 27
Removing such powers of president is timely and hope that the opposition will support. In case if election reform is not forthcoming then people of this country take the final decision. What note worthy is that president Sirisena bold to take forward these in spite of strong election reforms.