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A video format primer on Game Theory for you all.

I fukn love Game Theory! It was something I intuited long before I knew what it was because it is everywhere in life.

Learning poker was my first practical example of it, then studying it directly, and learning of the Austrian School’s connection to it with information asymmetry and praxeology.

If you operate in a competitive environment, business or marketing or sales, where information is currency - studying Game Theory could be the best thing you ever do.

https://youtu.be/mScpHTIi-kM

RamenCoffee 1y ago

Fighting games teach game theory realky nicely too.

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Discussion

StackSats.IO 1y ago

This is a really good example!

I spent a shitton of time playing Mortal Kombat 3 on SNES and learned quickly that Sheeva was useless but with Lui Kang I could beat most.

Tekken was really good too. Weirder characters with different abilities.

Had no idea at the time this was related to game theory but I knew when I got my arse kicked in certain matchups that I needed different skills/strategies if I wanted to win.

RamenCoffee 1y ago

Alot of the game theory gets into okizeme and setup scenarios.

You have to calculate based on the matchup your optimal mix of options vs their optimal mix of options and adjust according to their slant devjating from optimal mix.

It's a game of Rock paper scissors and on the fly optimization.