Andrei Kvapil’s Post

Nice game theory example: https://lnkd.in/eKqNXCA4

Be nice, forgiving, provocative, and clear. In the short run, environment/game dicatates the player but in the long run, player dictates the environment/game. Great insights from game theory.

One of the best videos on Game Theory 1. Be Nice: don't initiate wrong actions 2. Be forgiven: Break the chains of negativity 3. Don't be a pushover: let people know that offending you has consequences https://lnkd.in/dcppzEqz

In the short term, it is often the environment that shapes the players- that determines who does well. But in the long run, it is the players that shape the environment - Veritasium 1. Be friendly 2. Be nice 3. Don't be a pushover This is truly one of the best videos I have seen on GAME THEORY.

What we can learn from game theory...

Another way to look at Game Theory: "All stable processes we shall predict, All unstable processes we shall control" - John van Neumann #GameTheory #DecisionTheory #BusinessStrategy

-How do you resolve conflicts in your life ? -Can you write an algorithm to create strategies to resolve the conflicts ? -Which strategy is better, being nice or being nasty? I like this video because it answers these questions using the power of algorithims with Game Theory.

How can conflicts be resolved via game theory? A simple life strategy can lead to great results https://lnkd.in/df_vhUZT

What Game Theory Reveals About Life, The Universe, and Everything by Veritasium 💯 "This is a video about the most famous problem in game theory. Problems of this sort pop up everywhere, from nations locked in conflict to roommates doing the dishes. Even game shows have been based around this concept. Figuring out the best strategy can mean the difference between life and death, war and peace, flourishing and the destruction of the planet. And in the mechanics of this game, we may find the very source one of the most unexpected phenomena in nature: cooperation." https://lnkd.in/d47749ar

I have always been fascinated by algorithmic game theory. Games are never played in isolation. It is interesting to see a game strategy that while guarantees an individual win, looses overall when played against others in a larger tournament. The best strategies had four main themes: 1. Be Nice (not the first to defect) 2. Be Forgiving (retaliate, but don't hold a grudge) 3. Be Retaliatory 4. Be Clear https://lnkd.in/gktKe-Je