They got the implication of Doctor Adam Smith’s economic theory wrong in this clip.
….not to mention that it’s a shorty of the 5 ladies, the long thick curly hair brunette in the navy & maroon skirt that is #1 sexy!
The object here is to go along and //say// that the blonde is #1 and allow the peer pressure to leave the one that is the best mate wide open! Then play it up that you lost, when you walk away with the best lady without a struggle.
Doesn´t seem like the most original of ideas. When is the movie set? The 1950,s? By then half of the educated people in the world were allready socialist of some kind, so this scene seems kind of strange. I mean I can understand most american economists still believe in the principle of competition, but I´m sure they were familiar with the idea that cooperation is more effective.
Ha so true, I see this with me and my own friends. I am one of the boring brunettes and my blonde friend gets all the guys around her and shes really rude to them, so then they approach me and my other brunette friend and we just give them cold shoulder. Men take heed of Nash lol.
@Ko252 Yes but this game is called the 'Beautiful Blond Game'. The 'blond' woman is there merely to set her apart as the most beautiful of her group of friends. The game assumes that men will prefer a more beautiful woman but also that they'd prefer a slightly less attractive woman over no woman at all.
There is an incorrect assumption here; that all girls except the hot one are equal, if they're not they will still be competing, thus they might as well include the hot one, and randomize.
@notToast That could work, but it's dependent on the blonde accepting the guy. If he was rejected, then he couldn't go back to the friend he was going for first, or even go to the last friend, because she would feel like the guys second choice. If he goes for the blonde it may or may not work, but his overall chances are greater with the blondes friend
you should not agree with it, because the clip explains it wrong. Economic theory before Nash claimed, that if everyone simply pursues his own self-interest the outcome will be optimal.
Like the clip said, this is incomplete. If I e.g. play a game against s.o. else, the optimal outcome for me can only be archieved as long as I optimize my behavior according to what my opponent (who is also optimizing his behavior) will do. In Game Theory this is called a "best response".
But what if no guys go for the blonde or one of the other girls??? Then they do the best for the group because no one would be jalous.......(the goal wasn't to get laid but to get the blond for there own) think about it......
I dont think I agree with this video clip. Please let me explain. Most people in life pursue a self interest. Why should I do what is best for the GROUP if I have to sacrifice a small percentage of what I want. Any Rand and Milton Friedman would call this type of sacrifice socialism. Pursuing your own interest produces innovation.
check out the prisoner's dilemma (game theory) and you'll understand why a selfish behaviour might not lead to the optimal solution. You can find it on wiki ; )
Its pure calculation,if that small precentage that your are going to loose is greater than what you get from being in a group,then I guess its ok to do as you say.. BUT if you want to stay in group,and continue to benefit from it (lets say colledge company eh),then you'll just need to sacrifice for it.
I dont think I agree with this video clip. Please let me explain. Most people in life pursue a self interest. Why should I do what is best for the GROUP if I have to sacrifice a small percentage of what I want. Any Rand and Milton Friedman would call this type of sacrifice socialism. Pursuing your own interest produces innovation.
does anyone know the name of the song while he is explaining the stuff about the blonde turning them down and stuff? i dont think its creating "governing dynamics" thats what the second song is
Don't argue with idiots on youtube. And the theory is not right or wrong, it is the only there to explain somethings but it can only do so in a special kind of model (view) of life which in not a good model of life. But I like GT personally
theNash´s theory shown in this fragment is wrong, because if they all choose for brunette nobody will gets the best for himself, ther first and the best choice will still be the blonde.
but Nash just said why going for the blonde would be a bad choice because they would get into each others way.. thats if they follow Nash's fragment, then it shouldnt matter which women they go for out of the 4 friends.
Only one of them can possibly have the blonde chick. So it is a possible win only for one of them. If they all choose for different girls they have more possibilities. It is an highly semplified explanation of the theory but it isn't wrong.
yes, but if they all go for her then no one is going to get her. then they won't achieve the best result which is getting laid. They wont get the absolute best for themselves if they go for the brunette but in general most will get better than nothing :)
the theory shown in this fragment is wrong. because if they all go for the brunettes, nobody wil get the best for himself. because their first choice will still be the blonde.
Movies like that makes you wanna do unbelievable thiings...what if one of the people that commented here was the future spielberg...we all cheked this video, its a good start.
His mathematician friend that was his main intellectual rival in the movie is supposed to be John Milnor (who unlike Nash) got the Fields medal later .
Oh....such a shame! The movie producers got it wrong! John F. Nash's Nash equilibrium talks about how in perfect competition each player chooses his/her best option given the other's choice. And this usually results in the worst outcome, thus disproving Adam Smith who argued that, "common ambition serves the common good."
In the context of this movie, Nash should have concluded that in the end no one will get the blonde or any other girl which disproves Smith.
wtf are you both talking about? are you rewriting stuff from an encyclopedia? The first guy says the same exact thing in both sentences, the second one says what the Gladiator dude said, but in advanced grammar.
A beautiful and accessible example of non-cooperative game theory. Somebody needs to shoot their lives at graduation plus 25 years to illustrate the governing dynamics of another aspect of life... the quantity of stimulation derived through discussive exploration of the intellectual landscape becomes vanishingly small, but you have more "stuff". It's a crappy trade.
Did you say deviat from the strategy of nobody going for the blonde?
Are you dense ? did you even pay attetnion to what the theory is trying to prove. If everyone goes for the best there not gonna be enough to go around leaving some people with NOTHING!!!!! Or leving everyone with nothing.
If you take in account everyone wants some action and think as a group you can all go for the sure thing by denying the blonde in order to please her friends, means you win along with everyone else.
They got the implication of Doctor Adam Smith’s economic theory wrong in this clip.
….not to mention that it’s a shorty of the 5 ladies, the long thick curly hair brunette in the navy & maroon skirt that is #1 sexy!
The object here is to go along and //say// that the blonde is #1 and allow the peer pressure to leave the one that is the best mate wide open! Then play it up that you lost, when you walk away with the best lady without a struggle.
Doctor Smith's Comparative Advantage!
centurion180ad 1 year ago
Doesn´t seem like the most original of ideas. When is the movie set? The 1950,s? By then half of the educated people in the world were allready socialist of some kind, so this scene seems kind of strange. I mean I can understand most american economists still believe in the principle of competition, but I´m sure they were familiar with the idea that cooperation is more effective.
retselHD 1 year ago
The optimal outcome would be achieved if ONE goes for the blonde and the others for the brunettes.
perfectie 1 year ago
Ha so true, I see this with me and my own friends. I am one of the boring brunettes and my blonde friend gets all the guys around her and shes really rude to them, so then they approach me and my other brunette friend and we just give them cold shoulder. Men take heed of Nash lol.
yyjelle 1 year ago
@yyjelle Not all men prefer blondes.
Ko252 1 year ago 2
@Ko252 Yes but this game is called the 'Beautiful Blond Game'. The 'blond' woman is there merely to set her apart as the most beautiful of her group of friends. The game assumes that men will prefer a more beautiful woman but also that they'd prefer a slightly less attractive woman over no woman at all.
Shmyea 7 months ago
amazing how most big ideas begin at the bar.
jwpierce07 1 year ago
There is an incorrect assumption here; that all girls except the hot one are equal, if they're not they will still be competing, thus they might as well include the hot one, and randomize.
MartenThuren 1 year ago
But wait a second ... Going for the other girls is not a Nash equilibrium. Each player could potentially increase his gain by going for the blonde.
notToast 1 year ago
@notToast That could work, but it's dependent on the blonde accepting the guy. If he was rejected, then he couldn't go back to the friend he was going for first, or even go to the last friend, because she would feel like the guys second choice. If he goes for the blonde it may or may not work, but his overall chances are greater with the blondes friend
DWSimmy 1 year ago
This is how i get laid , my master plan is out :(
Bizazah 1 year ago
What a great scene
juanignacioreyes 1 year ago
@hyylo
you should not agree with it, because the clip explains it wrong. Economic theory before Nash claimed, that if everyone simply pursues his own self-interest the outcome will be optimal.
Like the clip said, this is incomplete. If I e.g. play a game against s.o. else, the optimal outcome for me can only be archieved as long as I optimize my behavior according to what my opponent (who is also optimizing his behavior) will do. In Game Theory this is called a "best response".
doberlae 2 years ago
But what if no guys go for the blonde or one of the other girls??? Then they do the best for the group because no one would be jalous.......(the goal wasn't to get laid but to get the blond for there own) think about it......
wamachinejj 2 years ago
Hi
could someone please help answer this:
I dont think I agree with this video clip. Please let me explain. Most people in life pursue a self interest. Why should I do what is best for the GROUP if I have to sacrifice a small percentage of what I want. Any Rand and Milton Friedman would call this type of sacrifice socialism. Pursuing your own interest produces innovation.
hyylo 2 years ago
check out the prisoner's dilemma (game theory) and you'll understand why a selfish behaviour might not lead to the optimal solution. You can find it on wiki ; )
terrywoodinc 2 years ago
Its pure calculation,if that small precentage that your are going to loose is greater than what you get from being in a group,then I guess its ok to do as you say.. BUT if you want to stay in group,and continue to benefit from it (lets say colledge company eh),then you'll just need to sacrifice for it.
14Srb88 2 years ago
Hi
could someone please help answer this:
I dont think I agree with this video clip. Please let me explain. Most people in life pursue a self interest. Why should I do what is best for the GROUP if I have to sacrifice a small percentage of what I want. Any Rand and Milton Friedman would call this type of sacrifice socialism. Pursuing your own interest produces innovation.
hyylo 2 years ago
anyone know the first song playing, while nash explains the girls turning them down?
mindfreak8000 2 years ago
first song?
mindfreak8000 2 years ago
does anyone know the name of the song while he is explaining the stuff about the blonde turning them down and stuff? i dont think its creating "governing dynamics" thats what the second song is
mindfreak8000 2 years ago 2
Eight game theorists have won Nobel prizes in economics, and John Forbes Nash was one of them.
djpopculture 2 years ago
what is called?
piratehussam 2 years ago
Nash didn't invent the game theory, and this is not the game theory, this is Nash Equilibrium! It's the part of big game theory
TheCentralasian 2 years ago
Yes! Correct, TheCentralAsian! It is a big part of Game Theory, and as well as Governing Dynamics.
BytorocolypseXII 2 years ago
game theory is not about settling for whats best for an individual in the group, its about whats best for the team as a whole !
13friday1989 2 years ago
please think before u say the theory is wrong....he dint get a nobel for a wrong theory ...plz...go thru what he states first
gram314 2 years ago
Don't argue with idiots on youtube. And the theory is not right or wrong, it is the only there to explain somethings but it can only do so in a special kind of model (view) of life which in not a good model of life. But I like GT personally
TheLayawn 2 years ago
esatto
CretinaEntertainment 2 years ago
theNash´s theory shown in this fragment is wrong, because if they all choose for brunette nobody will gets the best for himself, ther first and the best choice will still be the blonde.
lipetsk01 2 years ago
but Nash just said why going for the blonde would be a bad choice because they would get into each others way.. thats if they follow Nash's fragment, then it shouldnt matter which women they go for out of the 4 friends.
BytorocolypseXII 2 years ago
Based on compromise...every man does the best for himself...AND the group. Getting laid is the goal not getting the blonde.
LeavesNoTrace 2 years ago
His theory isnt wrong.. its the game theory. It is the base and corner stone of modern economics
lmaginations 2 years ago
Nash's theory is not wrong, he came up with nash's equilibrium in the game theory. Where no one wins or loses, everyone gets the fair amount.
lmaginations 2 years ago
Only one of them can possibly have the blonde chick. So it is a possible win only for one of them. If they all choose for different girls they have more possibilities. It is an highly semplified explanation of the theory but it isn't wrong.
JohnWayneIsTheMan 2 years ago
There goal was to get layed.
flamingo0123 2 years ago
yes, but if they all go for her then no one is going to get her. then they won't achieve the best result which is getting laid. They wont get the absolute best for themselves if they go for the brunette but in general most will get better than nothing :)
lifeislife91 2 years ago
the theory shown in this fragment is wrong. because if they all go for the brunettes, nobody wil get the best for himself. because their first choice will still be the blonde.
lipetsk01 2 years ago
It would be even better if they all switched girls that way thay would all get laid X4 times. Jon Nash needs revision
TheLayawn 2 years ago
My favortie Crowe role. And Jennifer Connelly remains the most stunning woman on the planet.
Entertainmentwriter 2 years ago
Movies like that makes you wanna do unbelievable thiings...what if one of the people that commented here was the future spielberg...we all cheked this video, its a good start.
rockytheafg 2 years ago
Whats the Name of the Song thats playing when Nash says Adam Smith needs Revision
greatumperv 2 years ago
Governing dynamics
TheLayawn 2 years ago
Whats the name of the Song thats played when Nash Says Adam Smith Needs Revision. I just cant seem to figure out what it is!!!
greatumperv 2 years ago
His mathematician friend that was his main intellectual rival in the movie is supposed to be John Milnor (who unlike Nash) got the Fields medal later .
theoak111 3 years ago
can you get the soundtrack
piratehussam 3 years ago
The first thing that always comes to mind for me here is Dazed & Confused.
vintagefish921 3 years ago
This scene depicts the earliest hypothesizing about what we now firmly refer to as the "Cock Blocking Theory"
benbien1 3 years ago 40
love this part of the movie!!!
rnktl 3 years ago
Oh....such a shame! The movie producers got it wrong! John F. Nash's Nash equilibrium talks about how in perfect competition each player chooses his/her best option given the other's choice. And this usually results in the worst outcome, thus disproving Adam Smith who argued that, "common ambition serves the common good."
In the context of this movie, Nash should have concluded that in the end no one will get the blonde or any other girl which disproves Smith.
Such a pity.......
0112330 3 years ago
yeah you're right but that just wouldn't have made for a very good scene though would it.... ;)
kdum8 2 years ago
wtf are you both talking about? are you rewriting stuff from an encyclopedia? The first guy says the same exact thing in both sentences, the second one says what the Gladiator dude said, but in advanced grammar.
Jakrahal 4 years ago
A beautiful and accessible example of non-cooperative game theory. Somebody needs to shoot their lives at graduation plus 25 years to illustrate the governing dynamics of another aspect of life... the quantity of stimulation derived through discussive exploration of the intellectual landscape becomes vanishingly small, but you have more "stuff". It's a crappy trade.
xrm1996 5 years ago
but, it's wrong. The best response for any of the group is to deviate from the strategy of nobody going for the blonde.
liamvt 4 years ago
Did you say deviat from the strategy of nobody going for the blonde?
Are you dense ? did you even pay attetnion to what the theory is trying to prove. If everyone goes for the best there not gonna be enough to go around leaving some people with NOTHING!!!!! Or leving everyone with nothing.
If you take in account everyone wants some action and think as a group you can all go for the sure thing by denying the blonde in order to please her friends, means you win along with everyone else.
JOwhiteguy 3 years ago
Yes, but the potential ultimate winner loses, because the blond is worth more than the other ones, thus game theory is for the weak
TheLayawn 2 years ago
right, be the mystery science group that everyone wants to be apart of ^_^. Helps build that notorious feeling that you have a better meaning in life
Thebeefypig 3 years ago