Game Theory on Reality & Life
Posted: Thu May 02, 2024 7:33 am
What Game Theory Reveals About Life, The Universe, and Everything
https://www.youtube.com/watch?v=mScpHTIi-kM
Veritasium
Theme: What are the most optimal strategies in life interactions within reality with others.
Based on the most famous problem in Game Theory, the Prisoner’s Dilemma,
Axelrod [inventor of the illustrated game] found that all the best performing strategies, [10:08] - including Tit for Tat, shared four qualities.
On the other hand I would prefer to be as nice as the other side is nice, but when they turned 'not-nice' I will not hesitate to retaliate.
I admit I am not very forgiving especially those who are aggressive in their attacks and in being 'not-nice'.
The video is very interesting and worth listening.
Discuss??
Views??
https://www.youtube.com/watch?v=mScpHTIi-kM
Veritasium
Theme: What are the most optimal strategies in life interactions within reality with others.
Based on the most famous problem in Game Theory, the Prisoner’s Dilemma,
Axelrod [inventor of the illustrated game] found that all the best performing strategies, [10:08] - including Tit for Tat, shared four qualities.
- First, they were all nice,
Second important quality was being forgiving.
Third is being retaliatory, 14:38
Fourth quality that Axelrod identified is being clear
On the other hand I would prefer to be as nice as the other side is nice, but when they turned 'not-nice' I will not hesitate to retaliate.
I admit I am not very forgiving especially those who are aggressive in their attacks and in being 'not-nice'.
The video is very interesting and worth listening.
Discuss??
Views??