Game Theory: Galatasaray

"What economists call game theory psychologists call the theory of social situations, which is an accurate description of what game theory is about. Although game theory is relevant to parlor games such as poker or bridge, most research in game theory focuses on how groups of people interact" (Levine, 2013). Game theory is used in a variety of situations and professions where it is imperative to use razor-sharp strategy and to be adaptable to a given situation, planning for the future. Game theory is important in the task of manipulating situations to achieve specific goals.

Recently, Galatasaray ended their contract with Fatih Terim, to the shock of most people. Many people speculated as to why Galatasaray ended their contract with Terim, seeing as how Galatasaray is the biggest soccer club in Turkey with 19 league championships, fourteen Turkish cups, one UEFA cup and one Super cup --...
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