Discover how game theory can help you make better decisions as a filmmaker! Game theory has been around since the 1940s and has produced many interesting ideas that apply to all aspects of life, including filmmaking. In this roundup, we’ll explore some of these concepts and how they can help you navigate the competitive world of filmmaking. From MiniMax, which suggests minimizing the maximum thing that could go wrong, to the Principle-Agent Problem, which deals with negotiating for your own interests, we’ll cover it all. We’ll also delve into the Free-Rider Problem and how to de-commodify your content, as well as Zero-Sum vs. Non-Zero-Sum Equations and how to approach negotiations from a perspective of creating a great film where everyone gets fairly compensated. So, whether you’re a seasoned filmmaker or just starting out, these game theory strategies can help you make better decisions and create better films.
