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> Nash equilibrium Bro... Game theory laws like Nash equilibrium dont apply if the population is irrational. Which it largely is! Good luck explaining Nash eq
by adverbly 6mo ago
> Nash equilibrium
Bro... Game theory laws like Nash equilibrium dont apply if the population is irrational. Which it largely is!
Good luck explaining Nash equilibrium to a baby.
- Tronchenbiais 6mo ago"Did you realise that no matter the outcome, everyone who picks red can never die? Let's all pick red and not die!" Seems pretty easy to me.
- nostrademons 6mo agoYou can have a system that is rational even if the individual participants are irrational. Among the mechanisms for this are statistical (if any given member of the population frequently makes errors, but the errors average out to the overall rational solution) and selection (if all the irrational people die and drop out of the population, which seems to be the case here).