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geemy
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Comments by "geemy" (@geemy9675) on "What Game Theory Reveals About Life, The Universe, and Everything" video.
this is the reason why nice strategies beat the nasty ones. if you cooperate like against another nice strategy, you are sharing 50% of the cake (6 points), every time, instead of fighting and smashing 16.6% (1point) or 66%(4 points) of the cake, and getting 83%, 16.6% or 0%. if you start alternating defections, with around 50/50 distribution, and no strategy manages to outsmart the other, you are basically getting (5+0+1+3)/4 so 37.5% the idea for tit for tats is to make every nasty strategies losing strategies. there are always important differences with real life situations that are more complex, but also a surprising number of analogies that are relevant.
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why wait 16 minutes to state that there is no absolute "best strategy" since the results depend on the other strategies?
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