Friday, February 18, 2005

Theory meets reality?

Fast Company on Game Theory. Be interesting to see if people manage to come up with real refutations...

3 Comments:

Anonymous Anonymous said...

some genial discoveries are staggering statements of the obvious - that were always there, unnoticed, untill a keen mind exposed them.

In some aspects that's what happens in game theory, and then extrapolations, further theorization, calculations, probabilities... a schizophrenic persuit of complicating the simple!

I tend to agree with what one of the experts says: the idea is so simple it's more of a frame of mind - you can see it everywhere.

What an absurd waste of time otherwise...!

9:32 pm  
Anonymous Anonymous said...

some genial discoveries are staggering statements of the obvious - that were always there, unnoticed, untill a keen mind exposed them.

In some aspects that's what happens in game theory, and then extrapolations, further theorization, calculations, probabilities... a schizophrenic persuit of complicating the simple!

I tend to agree with what one of the experts says: the idea is so simple it's more of a frame of mind - after that you can see it everywhere; unmeasured.

What an absurd waste of time otherwise...!

9:37 pm  
Blogger steve said...

True - but still making the leap to comprehesion can be a feat. There are quite a few non-intuitive results in the game theory literature (always defecting being the best policy in N iterative prisoners dilema games with know N is maybe the simplest).

Whilst modelling whole systems like this may be impractical, seems it at least occasionally turns up phenomena to go out and try to spot in the wild.

4:27 pm  

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