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Game Theory pt3

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Uploaded by on Sep 10, 2008

" I do not hide your righteousness in my heart; I speak of your faithfulness and salvation. I do not conceal your love and your truth from the great assembly." - Psalm 40:10

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Education

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Standard YouTube License

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  • WOW. amazing stuff. I love the portrayal of bureaucrats as total self seeking jerks, who have the audacity to cloak their selfish deeds with altruism! It reminds me of the public school teachers unions in the USA. "We are teachers; pay us more! Don't ever dare fire us!' meanwhile, USA public schools are the WORST in the developed world. The German's and Japanese put our poor children to shame. America's true Achilles heel.

  • Yay! Two of my favourite things: Game Theory and Yes Minister!

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  • Altruism stems from selfishness, evolution 101

  • @aaronhedberg maybe because we don't put any money into public education.  and teachers aren't overpaid. give me a break.

  • @politoblog: the equilbrium need not be pareto optimum. what you call the best solution is when both players trust each other, but in reality the pther person is unpredictable and in light of this the best solution or the rational solution would be for both of them to betray

  • Holy shit... the narrator's perspective for parts 2 & 3 of this video went EXTREMELY 1 sided, negative & hypocritical. Just blame the people with different ideas... damn. I agree much, much more with the economists & theorists. Easily. Literally every time 1 of them speaks (between the narration) they seem MORE & MORE informed & accurate than the "opposing" ideas.

  • 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.

  • @walserdog thank you. i was just going to ask. i listened to it about 10 times already this day

  • song at 6.42 is new order - age of consent

  • 3:32 What does he think that i think that we think that...wait, thats not right...

  • does anyone know the song at 6:42?

  • hm, selfishness of a person or selfishness of a group. seems that the prime works better.

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