Word: pokerful
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...Behavior, co-authored with John von Neumann; The Limits of Economics); of cancer; in Princeton, N.J. Morgenstern noted that classical economics -and many of its "neoclassical" adherents-has exhibited a dismal track record in predicting and interpreting phenomena. After viewing numerous examples of multivariable decision making in game situations (poker was a Morgenstern favorite), he used mathematics, logic and the relatively simple economic-behavioral concept of "utility maximization" to devise a general theoretical framework which often demonstrated remarkable predictive power. He also applied his theory to such diverse areas as nuclear arms negotiations, computer science and complex business decisions...
...talk the workers into seeing its side of the argument." As usual, the Harvard strategy was carefully conceived--even if the workers opted for District 65, the University could refuse to bargain with the union, and engage in a few more years of expensive legal bickering. Like a good poker player with a big bankroll to fall back on, the University could afford to risk a few chips on the chance of winning an early victory at the polls...
Many of our Presidents have had one man to keep them informed and another to keep them laughing; one for work, the other for relaxation. Harry Truman talked policy with Clark Clifford and played poker with General Harry Vaughan; Dwight Eisenhower had Sherman Adams for the heavy duty and George Allen for the lighter moments; John Kennedy learned from Ted Sorensen and kidded with Dave Powers...
...such luck. Carlo met his rommmate later that first night when he came back from the movie and found a pudgy kid with fuzzy hair and a New York accent sitting in his room playing poker with the people from down the hall. The kid was wearing a blue corduroy vest and a T-shirt from his neighborhood volunteer fire department, and he was drunk enough to be smoking a very cheap cigar without realizing it was burning a hole in the vest. The kid's name was Larry and he dad gone to a Catholic high school in Queens...
...friend, Mac the Knife, occupied his evenings setting endurance records at local bars, jumping over parking meters and scheming up wild fiscal take-overs of global publishing companies. (The consensus was that Mac had gone crazy.) Or take Harpo: his spring a nightmare of lost sure-bets and misplayed poker hands. Still other of their friends had tamer indulgences: non-stop tennis; non-stop sex; non-stop boozing; non-stop talking. The first long-delayed try at acting. Trips to the Vineyard, California, Mexico. Bank interviews. But Long John and Bentley had Kojak...