Game Theory pt1

[leonvinhle]

Thanks prof!

[madgenhetic]

By selfishness he means homo economicus, which is defined as the one who makes rational decisions all the time without exception.

Oh yes, let's manipulate words to make one of the brightest living mind of our time a selfish bastard.

[7Lakings7]

@madgenhetic he may have a brilliant mind, but he seems like a terrible person. he creates a game called fuck you buddy, and if you read wikipedia, he left his first lover whom he had an affair with and his first child. he just LEFT them and started another family four years later. i'm not so sure if he is to be considered respectable. btw the film is heavily biased and makes the audience want to like him

[KroniK2102]

@7Lakings7 Dude he had mental illness.. have a heart you prick

[7Lakings7]

@KroniK2102 that's irrelevant to my assumption that he's not a moral person

[KroniK2102]

@7Lakings7 YAHH cuz he has MENTAL ILLNESS! dude do you know anyone who suffers from it? It's like your own mind fucking with you. Moral is the last thing on your mind, you can't really tell whats moral or not = mental illness.. I am talking from experience. My dad has the same problem.

[7Lakings7]

@KroniK2102 well yeah i take zyprexa, but not to his degree. it's no excuse to be a good person in life. you can still control who you are, which in the film, at least, he redeemed himself. so if i have severe depression, does it justify my actions if i decide to go on a killing rage?

[thelifeuwant]

although I can see that some aspects of Game theory could be used in situations of war or in dealing with people whom you don't know anything about, or with people whom you have discovered are not trust worthy. it should not be the standard with which society should operate. that is my opinion :)

[rod3067]

@thelifeuwant well, game theory is not meant to be a way to live (a personal way to live) but if you mix game theory, with group theory, then you can understand why it can be used for mass prediction.

[thelifeuwant]

although the Game theory and prisoners dilemma seem to make sense logically on the surface. it does not take into account other factors that are lost because of pure selfishness and complete lack of trust. in situations of mutual trust peace of mind abounds and a sense of connection with others is prominent. I always test new people I meet with small tests of trust to see if they are trust worthy. if they prove they are I consider it a great gift to have them in my life. honor, trust, truth..

[lysol5555]

in communist countries(China, North Korea, USSR) everyone act selfishly and it was a gigantic mess that caused millions of lives!

[bizbite2]

Prisoners dilemma actually is truth especially in places like russia or former soviet union (where I'm from). Off cause this does not mean that it is the right way to govern large groups of entities.

[TemplarX2]

@bizbite2 Prisoner dilemma is not always practical as you can introduce another external outcome that could override the dominant strategy and nullify the Nash equilibrium. How does the Jewish saying goes? If you only have two choices always find a third, or something to that effect.

[bizbite2]

GUYS. THE SERIES IS (probably) "century of self documentary", at least the narrator guy is the same guy.

[MyTube22T]

What TV series is this?

[onemob]

@MyTube22T I'll guess that it's from Adam Curtis's The Trap. Not sure which part though

[MyTube22T]

@onemob Thanks mate.

[cesargcedeno]

Does anyone knows where did this documentary came from, i need to quote it for a research paper I am writting.

[taostoner1]

the guy at 4:00 doesn't realize he isn't making any sense. If you just went and shook hands with them, you could have saved a lot of money. qui bono?

[ebudip]

he was a genıus

[Ataubaq]

"[Altruism] doesn't come in..." And Adam Curtis leaves out the rest, where Hayek explains WHY-because altruism is a feeling of compassion that extends to those closest to you, and only marginally so beyond that. To argue against this is missing the point- even if altruism played a large part in society, that would mean we could get along just fine in a voluntary society-in other words, a free market.

Curtis is nothing more than a statist propagandist

[thinedoor2]

@Ataubaq The virtue of altruism lies in its origins as the outgrowth of the rational determination that there's value in satisfying need, deriving from the perceived value of the thing in need. If it arises purely from a personal investment and a conditioned instinct of identification (as in the case of one's own family, nation, etc.), then this is only a diminished and parochial form of altruism.

[Ataubaq]

@thinedoor2 First of all, you don't actually address ANYTHING that I say. I said that Hayek was unjustly cut off by Curtis to make the false assumption that his explanation of his point ends there. It doesn't.

Secondly, if what you say is correct, then altruism is selfishness.

[Ataubaq]

@thinedoor2 Also, if Hayek was dismissed by economists, like Curtis claims, then why in the world was he awarded a Nobel Prize?

[MyTube22T]

@Ataubaq What TV series is this from?

[LapizLazuli333]

damn i just got a headache lol

[moppe]

The game theory, i.e. strategic thinking, is applied way beyond politics and economics. Rational approach to complex dilemmas should be taught at schools as a mix of mathematics, psychology and philosophy.

[ICarnag3I]

1. Einstein

2. Nash

3. Hawkings

[dudejohnny]

@ICarnag3I

I doubt it.

[woodielist]

It looks like these stupid American scientists still don't know that Soviet Union never planned to use nuclear weapons to attack them first.

[greeneyessoul]

Maybe war brings something new?

[zherekan]

omg play it with CCs on... hahaha

[Peeto87]

@zherekan "alright sire I don't know what's going on with the rise of petrol"

[Rico8458]

when you forget about the laws of nature, nature will forget about you.

[centurion180ad]

The rational approach to nuclear war is to plan for it, ensure that it happens, know exactly when it will start, and have underground bunker-cities prepared to ride out the death of all your competition being vaporized, succumbing to radiation sickness, or starving in nuclear winter.

This is survival of the fittest, being won by the least fit disgusting lunatics.

[kingslegion1]

delicate balance of terror...hahahah.. then one who was called an nut,.. mr reagan.. had a vision of an umbrella to protect the us.. and gorbechev realized the (soviets) could not compete and their economic delima (starvation) could not keep up with the us in nuclear war anymore.. and thus the wall came down.. seems very simple now, since we see it.. but then it could not be so clear.. that idiot reagan, just played a PERFECT hand.

[mrwednay]

i like prof. John Nash's game theory.

[wilindoro45]

in Latin America john nash is a man respected not wise

As discussed, I am an economist and I'm disappointed by john

nash, I WANT MORE!!

[DaSequitur]

I believe that blind faith to this theory based on self interest with no counterpoint to create the balance it espouses is why we are in our current economic and political state. In Wisconsin the idea of game theory itself is being disregarded. The game no longer exists. Just plain greed. Causing a riot of misdirected passion as America falls into a spastic state. I know pockets of enlightenment exist and with them hope, eternal. On the conspiracy? No accidents. Poor use of human intelligence.

[lakid87]

i don't want to pollute this page with conspiracy drivel, but, wouldn't it be in the interest of corporations to study *our* behavior to better advertise to us....essentially tracking our every move and thought? scary

[reatonate1989]

@1WGUMCD0

Bankers don't use game theory, Bankers use statistical models. Business executives use game theory

[Blazen1212]

@1WGUMCD0 Obama recieved a nobel PEACE prize you fucking idiot. Hes not a Nobel Laureate in a scientific field. These are completely opposite things. How fucking stupid are you dude?

[SkemeKOS]

WOW!!!

I knew that 1WCUMCD0 was a troll but not THIS much of a troll.

And he thinks "playing with dolls" is sad?

LMFAO!!!!!!!!!

This guy actually scares me now.

Take my advice and just ignore him, people.

Thats what I'll be doing from now on.

Ive wasted waaaaay too much of time on him....I couldve used that time doing something more important...like playing with my dolls or banging his mom again LOL

But yeah, just ignore the spotty cunt, guys.

Later.

[Blazen1212]

@1WGUMCD0 And honestly though we are done here . You have no credibility, no education, and no influence to be taken seriously on any level. In fact everyone here would love to see your bullshit ignorance proved. In doing so you could win a fucking nobel prize for it and enlighten us all. Until you do this you can go back to being a medicre, unintelligent, and worthless troll , and having no opinion that any educated person would take seriously. Now get lost you fucking faggot

[Blazen1212]

@1WGUMCD0 Its funny that you say that. Because game theory was used almost exclusively during the Russian and US nuclear arms race during the cold war. It is comical of how much ignorance you hold on the subject alltogether. Im not even sure now that you are really being serious because what you are saying is such nonsense. Please go read "Governing Dynamics" and then you will be able to speak with some credibility instead of being completely irrelivent as you continute to be. 

[BoltOfThundor]

@1WGUMCD0 ever heard of the Chaos theory?

Also, one could make marginal predictions based on ongoing trends and cross referencing algorithmic equations, but if you'd share your findings you'd alter the future any way. That said, the Chaos theory really makes it a head scratch, and at most an educated guess...

In all honesty people are fullish enough to trust "scientist" less then Mayan calendars...

[BoltOfThundor]

@1WGUMCD0 " actually, my second cousin from the left has one... he he he "

[BoltOfThundor]

The USSR may not have had a use for attacking the US to begin with, they are assuming that a nuclear war would have happened, and that it wasn't just a mutual fear of a equal rival. Rivalry started by the US's fear for the Russian Space program, and the implications of a hyper advanced and/or a overly stable USSR.

Also on a separate note, even today we won't be able to be-ride the world of nuclear weapons, they are simply to big of a ace in a hole.

[Blazen1212]

@1WGUMCD0

LOL. You just got destroyed. Go away

[eminemcr9]

@Blazen1212 you kinda did get destroyed.....i mean telling the future with math.....my fortune teller said i wouldn't live to see the day

[Blazen1212]

@eminemcr9

Noone is claiming you can tell the future with game theory. It simply displays the possible outcomes to given decisions by 2 or more people with the goal of maximizing their utility. So yes again I am right. Dont take my word for it, please go read about game and decision theory and how mathematics supports this. It would cost less than getting a masters degree like I did.

[Blazen1212]

Also dude at no time did I ever say that game thoery predicts the future. It only gives you specific possible outcomes in a given situation. So again please go get educated so you can stop being soooo damn ignorant. If you disagree with this concept of game theory than you can get a fucking nobel proze by presenting conflicting information to the applicatons of game theory to mathematical and behavioral economics. Until then you can shut the fuck up and join the ranks or the other moron..

[Blazen1212]

@1WGUMCD0

I also would like you to demonstrare your vast knowledge by offering mathermatical proofs that will reject the findings of game theory. Because when you get down to it you are an ignorant moron that has no idea what they are talking about and it is obvious. I will also debate you on this publicly so I can embarass you in front of everyone. Until then why dont you keep working for minimum wage and leave the science up to the educated.

[Blazen1212]

@1WGUMCD0

You are literally so fucking stupid there is nothing to say to you. That is not what game theory says at all you fucking idiot. Go read about Prisoners dilemma and Chicken games played with partial information and tell me if everyone that uses game theory will be a millionare. Please go back to being ignorant, poor, and unimportant you low IQ fuck.

[Blazen1212]

@1WGUMCD0

Lol. You have no idea what you are talking about. I have a masters degree in economics and all the irrationality of human behavior and the wide scope of human choice are all captured in the functions of mathematical game theory. To call it fortune telling makes you look like a moron to anyone who actually knows what they are talking about.

[nilekinnick24]

@Politoblog without reciprocity, infinite repetition, and maybe a fairly large care for the future, cooperate is unlikely and in the canonical PD impossible with both actors are rational. Defection is always a Nash Equilibrium. Yes both actors end up with a worse outcome, but each is more better off than if they had cooperated. In other words, if one defects, it is always better to defect. If one cooperates it is always to defect. Thus it is always rational to defect regardless of waht the other

[Politoblog]

This documentary make seriously false conclusions of the game theory. in a prisoner's dilemma, it's better for both actors to cooperate! By following their self-interested strategy, actors would end up with a worse and Pareto-inefficient outcome! The cold-war strategy is not a PD, but a chicken game and it's rational result is sub-optimal too! How is it possible that a documentary about game theory says the opposite that the theory has actually revealed? Simply put: this documentary is rubbish.

[12345austinwilliams]

It's as if these people have never heard of coalition game theory, cooperative game theory, correllated equilibria, etc. etc. etc. There are many game theoretic tools used to model situations in which people cooperate. And there is a lot of game theoretic framework that can exaplin and model altruism.

[brightchin]

@12345austinwilliams i am really curious on which this theory can really be used on reality.

[TheEfefefefefefefefe]

HITER STACHE! FUCKING HITLER STACHE!!!

[stubaru]

Giving Russians "incentives" not to attack us....more like threats. I'm tired of the paranoia we have with other countries. Especially nowadays, who fights wars? We do...It's time to grow up, but I guess we dug too deep a hole already.

[hyylo]

von hayek is amazing.

he has many videos on youtube.

[Cagebreaker21]

What morality ultimately comes down to is game theory. The circuit must be closed, and the games must be once off, If not then taking the co operative choice, or moral choice is most beneficial

[deskset24]

This video is just yakking about game theory - as far too many armchair commentators do - and not DOING game theory, or showing or encouraging the viewer to invent their own game-theoretic models on their own.

[iPray2God2]

@deskset24 Maybe because this video was created to just explain theory?

[deskset24]

@iPray2God2 Maybe. But, why bother wasting bandwidth to "just explain" the theory, instead of actually getting the viewer to DO it? Anyone can simply go to wikipedia to read ABOUT game theory.

[HeartBrainMedia]

This isn't Game Theory, this is more about wargames. Cosmic insanity. True game theory, not self-interest and deterministic behavior, is cooperation and non-cooperation; compromise and innovation throughout civilization. Notice how the assumption of all Reality is put forward around 5 minutes in.

[Paraconsistant]

@HeartBrainMedia You have no idea what you are talking about. 

[HeartBrainMedia]

@Paraconsistant ok, fine. Can we please have industrail hemp back into the "free" market or has that been decided already by corporate self interest? Who is defecting who on that issue? Is inustrial hemp Communist if the Chineses are producing it?

[Paraconsistant]

@HeartBrainMedia What in the hell are you talking about? Seriously, I am at a loss over what you are trying to say...

[HeartBrainMedia]

@Paraconsistant never mind then. Welcome to YouTube. It was good conversation.

[philipjterry]

rubbish video!

[liv2ride2liv]

the narrator is ignoring so many things. for one, background knowledge is important. as is repeatability of the game. nash was a man that provided optimal solutions within a given framework (described as a set of assumptions). as it holds true for all theories, violating one of the assumptions may lead to an alternate outcome that the model did not predict. as some other commentators noted, the prisoner's dilemma is also poorly detailed. check Wikipedia for a quick grasp of the theory.

[blaziermissy]

You know you're profoundly emmersed in "groupthink" when the only solution to war problems is nuclear weapons.

Tell me this: What will you win when you have a radiated nuclear planet as the end result?

Is that really a solution???

"how stupid can we be?" J.F.

[somor98]

People that think this is about game theory doesnt have a clue

[blaziermissy]

Nash never considered that if you changed the environment (economic system which pits us against each other to meet our primary needs) you get different behavior.

[blaziermissy]

You don't have to design a horrid game theory to our sociality just b/c it fits within an obsolete monetary system. You can in fact, get rid of the monetary system and design a system thats actually conducive to human flourishing without compromising morality. We made up the monetary system and we can get rid of it too.

Wake up. Venus project (dot) com

[Otevra13]

Nothings separate ~no one is alone~there's no independent actors everything is ongoing, emergent, contingent and interrelated~ Life is relationship.

[Kirin9]

this video tries to make john nash seem like an asshole but if you've seen any other decent interview with him, he is actually a really good guy ^_^

[VirtuousIntervention]

it really is a poor representation of the prizoners dilemma.

[somor98]

@VirtuousIntervention exactly!

[basedrop]

This narration is a poor representation of the prisoner's dilemma.

[basedrop]

This narration is a poor representation of the prisoner's dilemma.

[soml]

I am new on this thread. I think anyone who can state that true altruism does'nt exist makes a sweeping statement - take just one athiest who has retired and volunteers at a local hospital. That game theory is valid should'nt be really be being disputed. But in order to really understand you need to move from the strict viewpoint of just math and look at logic.

[MrBrenius]

GAME THEORY!!!

[DHY444]

wow... i'm so enlightened...

[indgiu]

this is a very poor representation of game theory; to understand the importance of Nash equilibrium you need to learn about von Neumann first.

If you're really interested in game theory, go read a book, this program is just dumb entertainment... all the creepy images and allusions are really cheesy...

[kamikrazi123]

fuck you buddy! X)

[blist14ant]

austrian school of economics is better than this nonsence

[bgmiller5]

this isn't an economic system, so why are you comparing them? this can be used in any aspect of life. look up "prisoner's dilemma" and you will see what I mean. this can go hand-in-hand with austrian economics.

[josueortega1]

so true

[the7stuges]

I'm a freshman and I just love Nash's equilibria. I think that the study of game theory in weak, and strictly dominating strategy is facinationg in a mathematics sense. The one problem with his equilibria is that there is no mention of 3 by 3 matrices of weakly dominated strategies and how to make choices of 9 possible payoffs. I guess the probability is less acurate then but it would still be interesting to find in an "equilibrium" view.

[yjfoo81]

@the7stuges I think game theory is pretty useless in real life. It doesn't work in prisoner's dilema , neither does it work in other areas. It incorporates the assumption that free will is fixed game theory's rationality, but it's not. Anything can happen in life and game theory doesn't have much predicting power.

[pouritantv]

Biology is useless in real life as well. Just like the relation between biology and medicine, Game theory helps describe the world, it is what builds on it that will help improve it.

[yjfoo81]

You're comparing the wrong things! Biology is science and it drives the fundamental research in medicine. Game theory is not science cuz it has too many variables and many of them can't be fixed. So game theory isn't the fundamental for anything. It's can and should only be shown as avoidable mistake.

[pouritantv]

@yjfoo81 Game theory is a branch of mathematics and as such is definetely science. Dealing with too many variables is not a criterion for science. In any case you are confusing Economics that uses game theory with game theory itself. In my opinion any credible economic theory should have its foundations on game theory, but that's just me. Fact is you don't have a clue about economics, game theory or any other science, from what I suspect, sociology major huh?.

[yjfoo81]

U just proved to everyone that u don't know shit about science by saying that variables don't matter in science! Btw, i'm a science major and I understand economics better than most so called economists in this world. Thank you very much!

[pouritantv]

Mathematics has none of the bullshit you talked about. You are seriously out of your depth here boy. You talk about free will and self interest as if these assumptions never change. I will stop arguing with you because you are obviously just repeating opinions of others you read or heard. Research John Maynard Smith (or read "the selfish gene" by Dawkins) to learn a bit about the huge contribution of game theory to evolutionary biology, just for a start.

[yjfoo81]

What the hell r u talking about? I hope ur not a math major cuz u're never gonna graduate! Science is built on the mathematical method. Wut I spoke about science is also true for math. All solvable math problems winds down to ONE equation with only ONE unknown variable. The game theory just ignores all the variables under self interest that can't be fixed. It's nonsense. Wake up buddy boy.

[yjfoo81]

Look, I believe that most ppl are selfish probably just like u do. I DON't believe in altruism. But many times selfishness don't translate into self-benefit, which is what game theory wrongly assumes. A person can often wish to benefit others due to his/her own selfishness based on whatever reasons. I think that game theory believers just don't understand what self interest means.

[pouritantv]

Check out a coordination game in wikipedia and you will see that game theory completely accounts for this. Stop talking about things you haven't even tried to learn. Half-ignorance is even worse than ignorance. Remember that no idiot ever knows he is an idiot because then he would be smart

[yjfoo81]

Then I suggest u to look in the mirror!

[yjfoo81]

Just think about the prisoner's dillema. Often the criminals don't make the seemingly best deal with the DA cuz the best deal isn't in their self-interst. This might be because they're afraid of retribution on their family members or they simply trust their partner in crime whom they've known for a long time. You never know. Game theory predicts that the dillema can have only one soln, but that's often not the case. So obviously it's wrong, just like Gravitation is wrong by failing to explain

[yjfoo81]

Just because Newton's gravitation equation works well in explaining earthly phenomena , and allows us to build rockets based on it, doesn't mean that it's correct (btw, it's wrong, just in case u didn't know!). The game theory MIGHT work well in explaining evolution cuz animals don't have free will(cuz they can't think), but it definitely doesn't mean it's right.

[pouritantv]

i bet you are ugly and get average marks even though you study a lot

[yjfoo81]

That the best u can do?! Ready to admit defeat yet, boy?

[yjfoo81]

But I guess I really need to thank you for giving my brain a bit of exercise while trying to knock some sense into you! Normally I wouldn't need to use as much energy when explaining logic to sane ppl. But boy, U gave me some good workout!

[Cammie010]

@pouritantv lol

[LeadFarmerCrakafella]

it's so sad to see game theory has only 17.000 views

[ads861]

I couldn't agree more

[gnikhilg]

i agree with the general politics of this program, but they do seem to be exploiting nash-

[tomcornhole]

"if these are the SUPERMEN

then i shaLL gLadLY remain forever an aniMaL" -- A.O.S.

[Krastuz]

every move you do = response to it.

whats so hard to understand?

[TacticusPrime]

Then what is success? Survival? Is that all humanity can hope for?

And game theory has a fundamental flaw. Some humans,, most in fact, are not rational calculators of self-interest. In general we are slaves to our passions, for both vice and virtue. It is not in the martyr's self-interest to die nor the gluttons self-interest to eat himself into an early grave. Still we persist. Hitler's ambition and desires could never have reached an equilibrium with Napoleon's had they lived at once.

[phvalue323]

GAME THEORY IS BULLSHIT

[Shehdginger]

you are bullshit!!!

[phvalue323]

lol

[eliados2020]

any reasons?

[phvalue323]

Well, first i have to ask if you've seen the other part to this vid, and second i would say that it takes for granted; praxis and processes which, in actuality, hold no water. Also, when we produce systems and structures, which cultivate a behavior, are we not ensureing, or otherwise creating a self fulfilling prophecy, rather than creating an effective, or otherwise productive organization of mankind? Game theory was the concept of a schizophrenic, paranoid and detached from humanity.

[kenrubes]

wow..you sound really smart.

[vferraz88]

omfg... id say sumthing, but i got better better things to do...

[DarwinsGarden]

Actually, Nash didn't create game theory -- that credit goes to von Neumann and Morgenstern. By the way, I'm not defending game theory. Although it is sort of intrinsically interesting, it is not very useful for solving real world problems.

[walkingbear56]

It became a corporate military machine whose sole reason was and is money.

This guy Nash is a psychopath with a large amount of personality disorders.

I now understand why humanity is well and truly fucked being ruled by people who think like this.

[JennyFarlopez]

He is a mathematician, buddy. Also he isn't a psychopath, but suffered from shizophrenia.

BTW, game theory is one of the most solid-grounded and self-evident areas of mathematics.

It was not his fault, but human nature's to be selfish. His equations only explain how to deal with selfish-driven situations.

[walkingbear56]

Whatever the personal conflict within a human being, and however it expresses itself in the world .. there will always be someone in authority who will see the potential of an ideal or theory and utilise it to destroy, control and generally screw the large party of us.

I agree that it is not the fault of individuals like Nash.

As Albert Einstein said to Robert Oppenheimer,

"I gave you E=MC2 and you fuck it up like this?"

[DarwinsGarden]

I don't see how game theory is "one of the most well-grounded and self-evident areas of mathematics." That seems like a mere assertion to me. Moreover, you are assuming -- without argument -- that humans are selfish by nature. This means that you are assuming that human nature is fixed, which seems like a myth to me. If human nature is (roughly) the product of genetic makeup and experience, then it is clearly dynamic. The question is: How dynamic? That is an open question.

[JennyFarlopez]

Game theory is only a mathematical model. It just happens that it can be applied to lots of situations (not only economics nor human-related activities), and that its groundings are very intuitive.

Regarding rationality, it really doesn't matter whether the other players' behaviours are rational or not. Every game has at least one stable solution, which is suboptimal for the oponents to change.

[DarwinsGarden]

Well, there are game theoretic models within game theory, e.g., the so-called prisoner's dilemma model. However, I wouldn't call game theory as a whole a model -- it is a hypothetico-deductive system. I am aware that game has "non-human" applications. In fact, it has been applied with some success in biology. However, it is a pretty poor guide to action for humans, since it involves fuzzy notions like that of utility and (subjective) probability.

[DocBrewster]

Agreed to some extent - but aren't we at the stage now where all our problems involve "fuzzy" things? So we have to find ways to address fuzziness - clear cut stuff is almost trivial yeah?

[DarwinsGarden]

By the way, there is a difference between a theory being "intuitive" and well-grounded.

[dpbenglish]

The principle in 'beating' game theory is 'counter-intuitiveness'.

But first (And I mean FIRST) instinct always wins.

[1cicek1]

ur asking questions on too many pre assumptions

[greyface01]

Great post, people need to now how wars get engineered.

[DarwinsGarden]

Game theory, and indeed all rational choice theories, are flawed right from their axioms. Moreover, they are unscientific.

[JennyFarlopez]

Oh, really? Explain that to all the people who successfully applied game theory to deal with an almost unlimited amount of situations.

Math isn't science, but pure applied logic.

[IrresponsibleAtheism]

" Explain that to all the people who successfully applied game theory to deal with an almost unlimited amount of situations."

Politicians' expenses come to mind.

:)

[DarwinsGarden]

Mathematics and logic are formal sciences, which are to be distinguished from the factual sciences such as physics, chemistry, biology, etc. If you consider instances such as Robert McNamara's use of game theory to be successful, then I would have to disagree. Moreover, there is ample experimental and theoretical evidence against the rationality (selfishness) postulate found in all rational choice theories and neoclassical microeconomics.

[SoulClaw105]

chess players used game theory sooo much longer before poker lol

[Woopee]

Of course we all act selfishly.

.

But the cold war "strategy" still might prove to be stupid. We all still could die tomorrow.

Cold War aint over.

It didn't take any complex thinking to try to get hold of more and more deadly weapons.

[zilence]

wow

[copyfaxscan]

simple yet brilliant theory imo