Why Is Game Theory still a viable model?

>>1929875

Behavior approaches rationality in lots of areas, though. Game theory finds applications in these areas, like international strategic weapons policy, where everyone really is looking at everything through a rational game theory lens. It also serves to establish norms for deliberate, rational behavior, so that groups can persuade each other that they are rational, which is really important for international relations.

>>1929888

is game theory a more viable model than say historical materialism?

1. It's simple to construct. It can be analytically obtained, whereas how people act irrationally has to be empirically observed, and may vary quite a lot across time.
2. People are more rational than you think. It still works pretty well as a generalization, though we can find particular instances where people act irrationally.

>>1929925
They're not really comparable. Game theory isn't meant as a decision-making tool in itself, it's just an aid to communication which formalises the process.

>>1929943
It's also possible to compensate somewhat for irrationality by incorporating irrational outcomes into the model.

>>1929925
Historical dialectics in general are crap.

>>1929951
True

Evolutionary game theory.

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Game theory is a branch of mathematics. the more advanced iterations of it are useful for economics and ecological modeling, but to conflate it as just tools for those sciences is misleading.

>>1929875
define "rational"
/thread

>>1930796
>Not knowing how rationality work
>Threading yourself
Stop shitposting

>>1929875
Someone's strategy may appear irrational but they may have different payoffs, thus they are playing a different "game".

Look up behavioral game theory.

>>1929875
Doesn't matter if "everyone acts in rational" manner or not. Game Theory is simply a globalized effect. You'd simply have to modify the game theory to match those singletons