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Economist Jokes

Catching a criminal

"Two policemen are considering the problem of catching the bandit. One of them starts to calculate the optimal mixed strategy for the chase. The other policeman protests.

'While we're doodling,' he points out, 'he is making his getaway.'

'Relax,' says the game-theorist policeman. 'He's got to figure it out too, don't he?'"

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