3 ms·
Works well on games. Only problem is trade isn’t a game. Or, to put it another way, you have no idea when your opponent will stop playing this game and start
by erikpukinskis 7y ago
Works well on games.
Only problem is trade isn’t a game.
Or, to put it another way, you have no idea when your opponent will stop playing this game and start playing another one.
- chillacy 7y agoI think "game theory" applies to more situations than the name might imply..
- __s 7y agoGame theory is about decision making. If you reject game theory, you reject rational decision making being possible. Note that game theory is still useful in the context of making good decisions against irrational decision makers. Your "put another way" is merely pointing out that often in real world scenarios the game's rules are often part of the unknown information Everything involving decisions is a game. Trade is a game