Wanna start real game theory? 😏
Wanna start real game theory? 😏
Referring to this.
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Explanation:
"Game theory", in economics, refers to "how do you maximize your profits?", in a theoretical way. Therefore it is greed theory. It should be called as such. The term "game theory" should be reserved for the study of Zelda, or eggs/sperm cells if one so wants.
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? Economic game theory is “how 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 works”. Game theory is used in everything from economics to traffic to understand individual strategies in different environments. It’s a weirdly specific cog in the orphan crushing machine to take issue with
It's also inherent in evolution and life competition. And the resounding lesson life has learned is that it's always better to cooperate.
Hence why social animals exist.