game theory


an academic field of study about winning and losing that maps out an equilibrium of all possible outcomes of a given game. it’s actually quite often exaggerated and misunderstood because people don’t understand the relationship of the “story” (the prisoner’s dilemma, hawk/dove war game) to the game theory itself, which often involves simple numbers such as +5, 0 -10.

despite the confusion, it’s extremely useful when correctly applied. it has many applications in the study of evolution, crime prevention, commerce, and other practical uses.
sue: i learned today that all people are evil, because in the prisoner’s dilemma of game theory, it is in everyone’s best interest to rat out their friends to the police.
frank: sue, the story attached to the dilemma is a work of fiction which gives the exercise a point of discussion, but actually it does not reflect our justice system or the philosophical questions of humanity’s goodness.

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