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> Everyone is always acting game-theoretically optimally. This isn't true at all. The fact that the efficient market hypothesis doesn't seem to hold is already
by elvinyung 8y ago
> Everyone is always acting game-theoretically optimally.
This isn't true at all. The fact that the efficient market hypothesis doesn't seem to hold is already the proof of that, and the same reasoning applies to other social behaviors [4].
Furthermore, many, many, many, many studies in neuroeconomics and behavioral economics (and related fields) [1] have shed light on the bounded rationality of human actors in decision making. Game-theoretically optimal decisions is a specific, well-defined thing that's different from making decisions based on the affects and biases of the preconscious and unconscious. You can't just tautologically define "game-theoretically optimal" to be whatever decision someone ends up making.
What does this mean? The direct implication is that it's neither game-theoretically optimal nor inevitable for stateless humans to enter into a social contract that eventually cements itself into a state apparatus.
A top-down authoritarian doesn't get their powers from a deity, yes, but it wasn't quite explicit coordination either. To demonstrate using a brief example, one of the models of the evolutionary stages of the social contract [2][3] is that states were a natural conclusion of tribal societies, which were themselves a natural conclusion of lineal societies, i.e. families. Lineal societies most likely weren't formed through explicit consent, i.e. early stateless infants probably didn't explicitly decide to enter into a social contract. There's basically no particular a priori reason why families exist (for example, the Ik people in Uganda seem to have no or a very weak concept of using familial relations for survival, even to protect their young), and very likely that this evolution was just the model happened to win out due to random noise in history rather than actual optimality.
Again I would like to stress how much the current societal configuration is mostly just noise instead of signal.
[1] For an introduction, https://www.goodreads.com/book/show/11468377-thinking-fast-and-slow https://www.goodreads.com/book/show/11468377-thinking-fast-a...
[2] https://mitpress.mit.edu/books/nomadology https://mitpress.mit.edu/books/nomadology
[3] https://www.goodreads.com/book/show/118317.Anti_Oedipus https://www.goodreads.com/book/show/118317.Anti_Oedipus
[4] http://slatestarcodex.com/2017/11/30/book-review-inadequate-equilibria/ http://slatestarcodex.com/2017/11/30/book-review-inadequate-...
- icebraining 8y agoYour style of argumentation is peculiar; you are criticizing the decentralized outcome because "if everyone is acting game-theoretically optimally, then anyone who tries to improve the situation gets eliminated." Yet now you write that everyone acting game-theoretically optimally is not actually possible. So you were criticizing an impossible scenario? Since I agree with you that literally everyone acting game-theoretically optimally is impossible, I took your earlier use of the concept to mean something possible, that is, everyone acting as close to game-theoretically optimally as they are capable, and used the concept in the same way.
- elvinyung 8y agoIt doesn't contradict what I previously said. The ability of actors to act game-theoretically depends on the bounds of the rationality and the complexity of the scenario. A game of chicken is much simpler than a game of chess, which in turn is much simpler than capitalism. The multipolar trap manifests itself in real life in lots of simple ways already. The original essay has some examples, but the tragedy of the commons is the quintessential example. The multipolar trap as a totalizing behavior is not an impossible scenario, but just currently infeasible for most sufficiently complex scenarios given the bounded reality. Which means it becomes a cause for concern as the bounds on rationality increase (through computation, through organization, etc.). That's why we should be wary of decentralized systems in the long run. What you said was "everyone" was always acting game-theoretically already and therefore that what we currently have is game-theoretically optimal, which is what I disagreed with.
- deleted 8y ago[deleted]