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.