hey! just started a game theory course and we got into Nash Equilibrium. gotta say its pretty wild how it shows the best strategy when u consider what others are doing. but like, isn't this super idealistic? do ppl rlly think like this irl???
lol guys, why so serious about game theory, just flip a coin and let chaos reign. why calculate when u can just yell yolo and choose whatever? predicting people is overrated. ;)
So the stag hunt scenario explains a lot about trust & cooperation but can anyone point to a real-life stag hunt? Like I get how it's supposed to work but could use a concrete example. Tks!
DUDES! Just got to subgame perfect equilibrium in my game theory class, and it’s like a whole new world. Makes total sense for extensive-form games where you anticipate every move of your opponent. Chess, poker, take your pick. The idea that you can backwards induct to find the optimal move …
watched moneyball last night and it got me thinking… does game theory apply to sports strat? like taking unusual plays to throw off the other team. anyone got examples where this actually worked in real games?
Let's delve into Rational Choice Theory by examining simple daily decisions. When choosing your morning coffee, for instance, you use rational judgment to maximize utility based on preferences, right? You weigh the satisfaction (utility) vs. cost (negative utility) to make the optimal decision. But real-life isn't always so rational. External …
wake up sheeple, every 'kind' act you do is just another way to get owned in the ultimate game of life. kindness is a losing move!!1! in the end, it's all about winning, no matter who you step on. prove me wrong (you can’t)
Hey folks, just started an iterated prisoner's dilemma tournament on campus. We're coding bots to compete, and I want to hear about the cool strategies you all might use or have heard of. I'm tinkering with a 'Grudger' approach - cooperating until the other defects. After that, it's defect all …
Been playing tons of strategy games, and it's like, why don’t more game devs incorporate mixed strategies into gameplay? Would make multiplayer games so much more unpredictable and fun. Imagine if RTS games forced u to not just spam the same units but to mix it up to win... thoughts?
In my experience with high-level negotiation scenarios, dominant strategies play a crucial role. Take the case of company mergers: conventional wisdom suggests avoiding showing your hand, but there's a point where revealing a dominant strategy can discourage competitors from pursuing a bidding war. Consider two firms, A and B, both …
hey. kinda new to game theory, got a college course coming up and wanna prep. heard lots about nash equilibrium. can someone explain it super simple? no heavy math pls, i just need the basics to get me going. thx!
In light of recent discussions, it's important to distinguish Pareto Improvements within the context of cooperative games. A Pareto Improvement occurs when a change in strategy benefits at least one player without any detriment to others. This concept is vital when defining Pareto Optimal or Pareto Efficient outcomes, where no …
I can't help but wonder if game theory could help in framing political debates to achieve more constructive outcomes. Imagine if the participants adopted strategies beyond just attacking the opposition but to actually improve mutual understanding. Sounds naive, but I think there's room to design such scenarios where the 'game's' …
Any competitive gamers here? How often do you guys rely on dominant strategies when facing opponents? Sometimes I feel like switching it up just for the sake of unpredictability, even if I have a go-to move that always works. Thoughts?
The concept of Evolutionarily Stable Strategies (ESS) is fascinating when analyzing behaviors in the animal kingdom. For a strategy to be ESS, it must have the characteristic that if all the members of a population adopt it, no mutant strategy could improve the fitness of any one individual. Take, for …
Guys, entered a local RPS tourney, yeah for fun but who doesn't like to win right? 😅 Anyone with solid mixed strategy tips? Heard that randomizing gestures beats ppl tryna outsmart u with patterns. Thoughts?