Juhani • November 1, 2016 12:52 PM
Interesting read on iterated prisoners dilemma, how to turn it into extortion,
Drone • November 2, 2016 1:13 AM
The “Prisoner’s Dilemma” game is defective to begin with. No rational prisoner would choose to betray his partner in crime without a solid guarantee of the reward reaped by doing so, not serving time. Such a guarantee precludes the possibility that both prisoners serve time by betraying each other, provided both receive identical offers under identical circumstances (player symmetry is preserved).
@Drone: Game Theory itself is defective.. Like social-psychology and applied and pure economics it looks like the key to to everything till you actually learn it and see everything is probability based on back-data(where the variables are actually factored)..
Impossibly Stupid • November 2, 2016 9:27 AM
That’s some fine first-order thinking. Enjoy your extended time behind bars.
I’m not sure what you’re going on about. Game Theory is just a mathematical tool for analyzing complex systems. Don’t blame the tool if some people don’t know how to use it.
TJ, what do you mean by back-data ? Link, or definition, please ?
AlanS • November 3, 2016 3:00 PM
It’s more than a tool. It’s part of a way of thinking about human behavior involving notions of rational choice that’s become dominant across multiple disciplines. As such it has become a means of veridiction.
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Sidebar photo of Bruce Schneier by Joe MacInnis.
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