Post by smashbro on Jan 9, 2010 16:48:43 GMT -5
Game Theory is "a branch of applied mathematics that is used in the social sciences, most notably in economics, as well as in biology, engineering, political science, international relations, computer science, and philosophy. Game theory attempts to mathematically capture behavior in strategic situations, in which an individual's success in making choices depends on the choices of others." (Wikipedia).
Games are proposed, and these situations are resolved where players look to increase their own benefit, and sometimes decrease the benefit of others. Most games have a logical reasoning that shows how someone could win the game, but this only applies to rational players, ones who understand the game entirely. But with these solutions, it takes out the human element, and so the results are unlikely to happen if something like the games were to happen in real life. What if two players knew or cared about each other? Would people see the finest intricacies, and end up losing out? Could someone lose out because the other players don't understand the game the way they do?
Let's bring back the human element.
Anyone who is interested can join, and in this thread I want to play the game with you guys a few times, and see the outcomes. I might give rewards for winning later, but it's mostly for fun.
So I wanted to start with the easiest game I've come across, the Pirate Game (well, easiest to understand).
THE PIRATE GAME
A number of pirates come across a treasure chest, and inside there is a large amount of gold coins.
The strongest Pirate, the captain, then proposes a split of the money between all of the crew members. After the proposal, a vote. If there is a majority or tie, that is how the money splits up. But less than half, and the first pirate is thrown overboard. They can't get any money. The next strongest Pirate makes a proposal...
It ends when a proposal is accepted. You need to get the most money for yourself.
We can play a few rounds here, I'll tell you how game theory says you should win after game 1, but i want to see what happens. So, anyone interested?
Games are proposed, and these situations are resolved where players look to increase their own benefit, and sometimes decrease the benefit of others. Most games have a logical reasoning that shows how someone could win the game, but this only applies to rational players, ones who understand the game entirely. But with these solutions, it takes out the human element, and so the results are unlikely to happen if something like the games were to happen in real life. What if two players knew or cared about each other? Would people see the finest intricacies, and end up losing out? Could someone lose out because the other players don't understand the game the way they do?
Let's bring back the human element.
Anyone who is interested can join, and in this thread I want to play the game with you guys a few times, and see the outcomes. I might give rewards for winning later, but it's mostly for fun.
So I wanted to start with the easiest game I've come across, the Pirate Game (well, easiest to understand).
THE PIRATE GAME
A number of pirates come across a treasure chest, and inside there is a large amount of gold coins.
The strongest Pirate, the captain, then proposes a split of the money between all of the crew members. After the proposal, a vote. If there is a majority or tie, that is how the money splits up. But less than half, and the first pirate is thrown overboard. They can't get any money. The next strongest Pirate makes a proposal...
It ends when a proposal is accepted. You need to get the most money for yourself.
We can play a few rounds here, I'll tell you how game theory says you should win after game 1, but i want to see what happens. So, anyone interested?
smashbro ~~~ Authority: 20 ~~~ Combat: 10
