Game Theory

What the chicken game teaches us about the fiscal cliff

Game on for John Boehner and Barack Obama.Photo: AP

Is the United States about to leap off its "fiscal cliff" and drag the rest of us into the economic abyss? Game theory tells us that this is not likely.

Sunday, 16 December, 2012, 3:51am

Nobel-winning economists' theory applied to finding a mate

Stable marriage problem

21 Oct 2012 - 4:06am

Game theory and the South China Sea conflict

When is it better not to be No 1? Whether it's in sports, academia or business, we are conditioned to believe that success means being first. We make decisions and adopt strategies geared towards putting us in a dominant position.

15 Jul 2012 - 12:00am

Fix is in on supermarket shelves, study suggests

Lawmakers have accused the two leading supermarket chains of colluding on prices, after a study found that the cost of products went up and down at the same time at both ParknShop and Wellcome.

12 Apr 2012 - 12:00am

A humble bowl's brush with history

A small, plain bowl from the 12th century sold for a record HK$208 million - three times its pre-sale estimate - as Sotheby's five-day spring auction concluded yesterday in Hong Kong.

The 900-year-old Ru Guanyao (government ceramics kiln) lobed brush washer dating from the Northern Song dynasty is one of just five in private hands out of 79 in existence.

5 Apr 2012 - 12:00am

Around the houses

Hong Kong turns into auction heaven this week, especially for those with humongous bank accounts.

27 Nov 2011 - 12:00am

Diva's jewellery hits auction block

Jewellery that belonged to late Canto-pop diva Anita Mui Yim-fong will be auctioned, but the amount raised may not be enough to cover the hefty costs involved in managing her estate.

Forty three lots from her collection will be offered at Sotheby's autumn sale on Wednesday and are expected to fetch more than HK$2.6 million.

1 Oct 2011 - 12:00am

Collision course

I've been told more than once that Hongkongers are the fastest pedestrians this side of the Pacific. So why am I forever stuck behind the city's most ardent stragglers?

26 Jun 2011 - 12:00am

Chang Dai-chien painting sells for record HK$191m

A painting by the late Chang Dai-chien fetched HK$191 million at an auction yesterday, setting a world record for his works and offering further evidence of the remarkable boom in the Chinese art market.

1 Jun 2011 - 12:00am

Sotheby's seeks HK$50m over failed bid

A Hong Kong man who bid HK$136.6 million for 24 lots of artworks in Sotheby's record-breaking spring auction last month has allegedly failed to stump up the cash. Sotheby's has terminated all but three lots, but in a writ filed in the Court of First Instance it is claiming close to HK$50 million from Kwok Ho-wan, whose registered address is on Repulse Bay Road.

15 May 2011 - 12:00am

Sotheby's HK$3.49b sale creates history

Sotheby's Hong Kong eight-day spring auction created history, netting a record HK$3.49 billion by its conclusion last night from sales of Asian art, fine Chinese paintings, ceramics, jewellery and wine.

9 Apr 2011 - 12:00am

Sotheby's moves worldwide art sales to HK

Sotheby's will consolidate its worldwide Contemporary Asian Art sales into two auctions in Hong Kong starting next year, company officials said yesterday. The move is based on the strength of past auctions in the city, an executive said. It will continue to hold pre-sale exhibitions in New York, where it has held the auctions since 2006.

14 Aug 2008 - 12:00am

More players keen to dip their fingers in HK's fine-wine well

US-based wine merchants Zachys and Hart Davis Hart and major auction houses are exploring the possibility of holding fine-wine auctions in Hong Kong, a source familiar with the discussions said.

Much will depend on last night's auction by Bonhams, the first in Hong Kong in a decade following the government's scrapping of the 40 per cent duty on wine two months ago.

25 Apr 2008 - 12:00am



by Ronan Bennett

Bloomsbury, HK$164

14 Oct 2007 - 12:00am

Outbound auctioneer says goodbye to city and market he loves

They are the best free art exhibits in town. In addition to Christie's impressionist and contemporary art display at the Grand Hyatt, rival auction house Sotheby's is showing its spring auction items next door at Hall 2B of the Convention and Exhibition Centre. But its emphasis is on the booming market for contemporary Chinese paintings.

6 Apr 2007 - 12:00am