Isn't Game Theory bunk

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Anonymous
Isn't Game Theory bunk 2016-12-14 07:05:54 Post No. 8538252
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Isn't Game Theory bunk Anonymous 2016-12-14 07:05:54 Post No. 8538252 [Report]

since it assumes that everyone is perfectly rational 24/7?

Anonymous 2016-12-14 07:19:27 Post No.8538261
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Anonymous 2016-12-14 07:19:27 Post No.8538261 [Report]

thats a baby's understanding of game theory

Anonymous 2016-12-14 09:06:24 Post No.8538361
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Anonymous 2016-12-14 09:06:24 Post No.8538361 [Report]

>>8538252
All mathematical models are essentially wrong, but some of them are useful.

Anonymous 2016-12-14 11:57:22 Post No.8538513
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Anonymous 2016-12-14 11:57:22 Post No.8538513 [Report]

>>8538252
>assumes that everyone is perfectly rational
no it doesn't

Anonymous 2016-12-14 12:06:00 Post No.8538516
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Anonymous 2016-12-14 12:06:00 Post No.8538516 [Report]

>>8538252
But humans are perfectly rational 24/7. If they were irrational then intelligence and spying would be impossible.

Anonymous 2016-12-14 12:42:53 Post No.8538545
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Anonymous 2016-12-14 12:42:53 Post No.8538545 [Report]

>>8538252
Game theory is about probability and statistics and what decisions should be made. It wasn't even invented to describe human behavior.

Anonymous 2016-12-14 12:54:19 Post No.8538562
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Anonymous 2016-12-14 12:54:19 Post No.8538562 [Report]

>>8538545
This
It's prescriptive not predictive.

Anonymous 2016-12-14 02:48:59 Post No.8538701
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Anonymous 2016-12-14 02:48:59 Post No.8538701 [Report]

>>8538361
- Kurt Godel

Anonymous 2016-12-14 02:57:44 Post No.8538715
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Anonymous 2016-12-14 02:57:44 Post No.8538715 [Report]

>>8538701
"Every nontrivial quotation is either wrong or misattributed."
-George E. P. Box