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April 10, 2026
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"The most important causes of political arrangements and acts are found in the nature and behavior of man."
"To solve these problems one needs as much an understanding of politics as an understanding of man - and the one cannot be derived from the other."
"Each man does seek his own interest, but, unfortunately, not according to the dictates of reason."
"According to the first image of international relations, the locus of the important causes of war is found in the nature and behavior of man. Wars result from selfishness, from misdirected aggressive impulses, from stupidity."
"Asking who won a given war, someone has said, is like asking who won the San Francisco earthquake. That in war there is no victory but only varying degrees of defeat is a proposition that has gained increasing acceptance in the twentieth century."
"Shortly after pithecanthropus erectus gained the ascendancy, he turned his attention to the higher-order abstractions."
"The assumption that individuals act objectively in accordance with purely mathematical dictates to maximize their gain or utility cannot be sustained by empirical observation."
"Anthropologists have often commented on the striking resemblance between the uneducated gambler and the primitive."
"From a rational standpoint, it might be expected that man should be far more willing to express financial confidence in his skills rather than risking his earnings on the mindless meanderings of chance. Experience, however, has strongly indicated the reverse proposition to hold true."
"A weakness of the random-walk model lies in its assumption of instantaneous adjustment, whereas the information impelling a stock market toward its "intrinsic value" gradually becomes disseminated throughout the market place."
"Reflecting an amalgam of economics, monetary, and psychological factors, the stock market represents possibly the most subtly intricate game invented by man."
"Treatment of the apparently whimsical fluctuations of the stock quotations as truly non stationary processes requires a model of such complexity that its practical value is likely to be limited. An additional complication, not encompassed by most stock market models, arises from the manifestation of the market as a nonzero sum game."
"The earliest full-length account of a chariot race appears in Book xxiii of the Iliad."
"Contract Bridge is likely the most challenging card game extant; it is certainly the the most obsessive for its ranks of zealous followers. The initial progenitor of all Bridge forms is the game of Triumph, which gained currency about A.D. 1500. In the mid seventeenth century, Triumph evolved into Whist, a partnership game for four players. The change from Whist to Bridge occurred about 1886with a publication in London of a small pamphlet, titled Biritch or Russian Whist."
"Because the fluctuations in the composition of the deck as it is dependent over successive (and dependent) trials, it is intuitively apparent that altering decisions or the magnitude of the wager or both in accordance with the fluctuations should prove advantageous to the player."
"Blackjack does possess a memory (the interdependence of the cards) and a conscience (inferior play will inevitably be penalized) and is not democratic (the mental agility and retentiveness of the player are significant factors)."
"In our most Puritan of society, gambling-like other pleasures-is either taxed, restricted to certain hours, or forbidden altogether. Yet the impulse to gamble remains an eternal aspect of the irrationality of man. It finds outlets in business, war, politics, in the formal overtures of the gambling casinos, and in the less ceremonious exchanges among individuals of differing opinions."
"In 1423, the Franciscan friar St. Bernardino of Siena preached a celebrated sermon against cards (Contra Alcarum Ludos) at Bologna, attributing their invention to the devil. Despite such ecclesiastic interdiction, Johannes Gutenberg printed playing cards the same year as his famous Bible (1440). The cards from Gutenberg's press were Tarot cards, from which the modern deck is derived."
"Although the major gambling casinos do not maintain statistical records on the results of games of Craps, one event has been recorded-that wherein a young man achieved 28 consecutive "passes" at the Desert Inn Casino, Las Vegas, Nevada (June 10, 1950). Odds against such an event are 400 million to 1."
"One of the oldest mythological fables tells of Mercury playing at dice with Selene and winning from her the five days of the epact (thus totaling the 365 days of the year and harmonizing the lunar and solar calendars)."
"The first-known public lottery was sponsored by Augustus Caesar to raise funds for repairing the city of Rome; the first public lottery awarding money prizes, the Lotto de Firenze, was established in Florence in 1530."
"The hope of a positive expected gain lies in detecting a wheel with sufficient bias."
"While no rigorous proof of an optimal strategy has been achieved, Robbins has proposed the principal of "staying on a winner" and has shown it to be uniformly better than a strategy of random selection."
"Against human opposition the machine usually emerges victorious, since individual patterns tend to be not random but a function of emotions and previous training and experience."
"Coin matching and finger flashing were among the first formal games to arise in the history of gambling. The class of Morra games extends back to the pre-Christian era, although not until comparatively recent times have game-theoretic solutions been derived."
"Generally, a betting system for which each wager depends only on present resources and present probability of success is known as a Markov betting system."
"The French philosopher Pierre-Hyacinthe Azaïs (1766-1845) formalized the statement that good and evil fortune are exactly balanced in that they produce for each person an equivalent result."
"There are no conventional games involving conditions of uncertainty without risk."
"The essence of the phenomenon of gambling is decision making. The act of making a decision consists of selecting one course of action, or strategy, from among the set of admissible strategies."
"A proven theorem of game theory states that every game with complete information possesses a saddle point and therefore a solution."
"In general statistics can be considered as the offspring of the theory of probability, it builds on its parent and extends the area of patronymic jurisdiction."
""Breaking the bank at Monte Carlo" is a euphemism for closing a single gaming table. It was last accomplished at the Casino Ste. des Bains de Mer during the final days of 1957, with a harvest of 180 million francs."
"Advice: don't embarrass your bargaining partner by forcing him or her to make all the concessions."
"The need is not for the creation of new analytical techniques specially designed for the negotiation process, but rather for the creative use of analytical thinking that exploits existing techniques."
"Disputants often fare poorly when they each act greedily and deceptively."
"It's worth repeating here, though, because we are talking about mechanisms for resolving conflict and many people don't realize it's impossible to devise a foolproof scheme."
"We act like a zero-sum society, when in reality there is a lot of non zero-sum fat to be skimmed off to everyone's mutual advantage."
"A lot depends on the starting point."
"the mediation of internal conflicts can be resolved by linkages with other problems."
"Most people, even in simple risky situations, don't behave the way the theory of utility would have them behave."
"The art of compromise centers on the willingness to give up something in order to get something else in return. Successful artists get more than they give up."
"A final word of advice: don't gloat about how well you have done."
"Final-offer arbitration should have great appeal for the daring (the risk seekers) who play against the timid (the risk avoiders)."
"It's easy, of course, for two teams to collude, but somewhat more difficult for twenty-eight-"
"It is always amazing to see how wide a spectrum of results can be obtained from replicating an identical negotiation with different principal actors; it makes no difference whether there subjects are inexperienced or whether they are senior executives and young presidents of business firms. That is an important lesson to be learned here."
"After a little reflection, the best strategy becomes clear: bid aggressively up to a maximum cutoff value and then quit."
"Each party tended to view its own chances in court as better than the other side viewed them."
"The best practical advice then is: try to maximize your expected payoff, which is the sum of all payoffs multiplied by probabilities."
"A mediator is an impartial outsider who tries to aid the negotiators in their quest to find a compromise agreement."
"The party that negotiates in haste is often at a disadvantage."