5 Applied Game Theory Life Hacks To Survive And Prosper

Tips for winning the game of life

 4 min read

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Photo by Riccardo Annandale on Unsplash

In order to have a successful and vibrant life or even a career working for others, there are certain skills you will need to have. You can develop them yourself, or if you delegate well and have strong leadership skills you can hire experts. Either way to build a successful business it is essential that you create networks of collaboration and fellowship. When doing this it is also important to narrow your skills gap, and a strong intentional community can help you to do this.

1. In your career do research on which industries are prospering and which aren’t. After the crash of 2009 engineering, health care and IT bounced back faster than many other industries. As of 2016, there was a shortage of sales account executives, net developers, financial analysts, and health care case managers, and today the shortage is worse than ever before.

2. Grow your own skillset. Get training and certification as needed through your own networking

3. Join or volunteer at relevant groups, social networks, or trade associations: This is one of the most effective ways to create or gain influence and make contact with industry leaders.

4. Keep focused on general trends as well as industry trends; Subscribe to Medium.com, Quora.com, industry blogs, newsletters, company websites, best practices, etc.

5. On-Job Training: If you intend to work for companies read job descriptions and choose those offering on-the-job training. Even consider developing a list of target companies and explore their websites to learn about education and growth opportunities.

Now that we have the five steps down, keep in mind that any serious entrepreneur needs to be familiar with what is known as General Equilibrium Theory.

In life, this theory attempts to explain the behavior of individuals as well as supply, demand, In business, it refers to prices in a whole economy with several or many interacting markets, by seeking to prove that the interaction of demand and supply will result in an overall general equilibrium. General equilibrium theory contrasts with the theory of partial equilibrium, which only analyzes single markets.

General equilibrium theory as expressed on equilibrium price measurements is the price where the demand for a product or a service is equal to the supply of the product or service. At equilibrium, both consumers and producers are satisfied, thereby keeping the price of the product or the service stable. This idea is a great influence in my own work in HAGT — Harrison’s Applied Game Theory. General equilibrium theory studies economies using the model of equilibrium pricing and seeks to determine in which circumstances the assumptions of general equilibrium will hold. The theory dates to the 1870s, particularly the work of French economist Léon Walrus in his pioneering 1874 work Elements of Pure Economics.


There are many economists and behavior game theorists who question whether in our complex world supply and demand have the same influence as they did both in personal relationships and in business. This is because the world of technology is progressing and expanding at a speed that few ever imagined, and this influences the marketplace along with many other variables.

Lewis Harrison is a serial entrepreneur, writer, teacher, public speaker, and seminar leader. He focuses on problem-solving, self-improvement, personal development, and sharing love with the world.

“I am the former host of an absurdist, humor-based Q & A talk radio show on an NPR affiliated station in NY.

Here is a short excerpt from the show to make you smile.

Read all my articles at LewisCoachesMedium.com


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