Comment on Wanna start *real* game theory? đ
Shiggles@sh.itjust.works â¨4⊠â¨months⊠ago
? Economic game theory is âhow do you maximize your profits while understanding everybody else is also trying to maximize their profits and their strategies have an effect on how well yours worksâ. Game theory is used in everything from economics to traffic to understand individual strategies in different environments. Itâs a weirdly specific cog in the orphan crushing machine to take issue with
Well itâs the philosophical backbone behind a lot of decisions that management makes.
âIf the company does X, the people will respond with Y, and that will earn us Z money. So we do it, even though itâs unethical.â
So I guess that itâs an important part to take an issue with.
Itâs like getting mad at math because rich people use it to count money
Yeah, I do math too, and math is wonderful. Iâm not angry at math. I just wanted to point out that the tool can be bent in evil ways, and we should be wary about that.
Yea, OP missed that if it needs a rename, it would be as Efficiency Theory. In virology for example, game theory outlines how the flu and other viruses get less deadly over time since a just kinda sick person spreads disease better than the dead or deathly ill.
I agree with you, and I just wanted to point out how, in earlier times, greed was consideres as something abhorrent, while in modern times, it is well-embraced.
The thinking âhow do I be most successfulâ, however, has a lot in common with greed. And game theory describes exactly that. Capitalism is just the practical aspect of greed. Saying that viruses get less dangerous over time is correct, still they are more dangerous than no virus at all.
Neato@ttrpg.network â¨4⊠â¨months⊠ago
Itâs also inherent in evolution and life competition. And the resounding lesson life has learned is that itâs always better to cooperate.
Hence why social animals exist.