Stuart Kuzik’s Post

Game theory offers insights on the qualities we need for our world in conflict, in this order of priority: 1. Be nice, 2. Be forgiving but 3. Be retaliatory (provocable) and 4. Be clear (giving clarity which involves truth) Even though there is one stereotype I'm not aligned with therein, it does not detract from the truth of its practical application. https://lnkd.in/dSF_hJeF

Game theory and prisoner’s dilemma In the video below Veritasium - which is a youtube channel with great content - discusses the prisoner’s dilemma in the findings of the Axelrod Tournament. It’s fascinating what the winners were in the study and what implications on the long term benefits of cooperation even between rivals. The main four qualities of the winners were: 1- Nice 2- Forgiven 3- Retaliatory 4- Clear Please watch the full video - about ~25 minutes - to get all of the information and I’m sure you’ll not regret it. https://lnkd.in/dVAHUfxk

-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.

Interesting video explaning the Game theory and especially the applications of the Prisoner´s Dilemma on different simplified models (and the results from it) and extrapolating to real life! https://lnkd.in/dH3FJMyQ

Veritasium : Game Theory This mind blowing analysis of Game Theory by Veritasium, shows how the theory applies to -everything- around us. When you reflect on it, its almost philosophical. A few take aways: 1. Don't be short sighted The Prisoner's Dilemma plays out completely differently in a single event, compared to on-going. Decisions are seldom made isolation, they are highly contextual on what has happened before. Consider the longer term game 2. Stronger together (through cooperation) Applying the ruthless win | lose approach of a single game of Prisoners Dilemma creates the least rewarding outcome in the long run. Cooperation where there is ongoing interactions is always the better strategy. 3. Forgive but dont be a push over Problems and greed will happen. Don't be a push over but do forgive. When wronged swiftly rebuke (tit for tat) but then when behaviour changes, forgive and break the losing pattern. 4. Life is not zero sum Success doesn't hinge on whether someone else holds more advantage in your current circumstances. It's not merely about victory or defeat. If we adopt the perspective that we're all evolving and progressing, then we can all achieve success. How does Game Theory play out in your world? Thanks Mike for sharing the video! Vivek, I cant talk about GT without flashbacks to your classes :)

I've always enjoyed the concept of game theory. What I really like about this particular explanation from Veritasium are two main things - Firstly, over the long term (i.e. many games), the dominant strategy is to be collaborative. Secondly, the primary qualities of these dominant strategies are: 1) assuming the best in people, but... 2) not being taken for granted and applying suitable retribution 3) being forgiving (something I could do better at) 4) being clear and minimising miscommunications (another thing I could be better at) Personally, while I've been working along these kinds of lines for a while now and found that it's been quite effective, it's great to have a foundational scientific basis for it. It's also in keeping with the great work that Simon Sinek does and in particular his book Infinite Games, which has been hugely influential on me. I'm not usually much for posting more philosophical things like this (there are people much better at it than me), but this one really resonated personally and I was compelled to share. 😊 Keen to hear about your experiences in the chat! https://lnkd.in/g-PHnnpQ

Contrary to what the world makes you believe, being just nasty doesn't help. i) Be nice ii) Be cooperative iii) But don't be a pushover. This game theory presentation illustrates it so well :)

Curious about Game Theory? Here is the best brief primer I have come across and of course, it is from Veritasium, maybe the most reliable and informative science videos on the internet. Spend a fascinating half hour with Derek Muller and learn more about cooperation, competition, and how things interact with each other.

https://lnkd.in/eXkjkJs8 'Watch the video, it's worth the wait👍' Game Theory: Decoding the Science of Strategic Play. This is a classic example of a prisoner's dilemma, a situation where cooperation seems rational, but self-interest can lead to a worse outcome for everyone Game theory uses mathematical models and frameworks to analyze these interactions. These models represent the players, their possible choices (strategies), and the rewards or outcomes (payoffs) they receive based on their decisions and the decisions of others. This is just a brief introduction to the fascinating world of game theory. Whether you're interested in understanding human behavior, designing better systems, or simply enjoying a mental challenge, game theory offers a powerful lens to analyze the strategic interactions that play out in everyday life and beyond.

One of the best vids I have seen on Game Theory till date!! This video explains how mathematical systems form morals and values in evolutionary game theory based environments (aka WarGames). The values which form the best strategies are: 1. Be nice: Always cooperate first regardless of the higher individual payoff of not cooperating 2. But don’t be a pushover: Retaliate when others are not nice to you 3. Be forgiving: Retaliate but don’t hold grudges 4. Be clear: Don’t have complicated rules and strategies which are not clear to others https://lnkd.in/e5BTwV_h