Gladiators, pirates and games of trust
Worst case, other players are as smart and egotistical as you
- not everyone share your views
- egostistical behavior may be strategically unwise
blackmailer’s paradox
- models negotations
- ending without agreement
- repeated
- believe in your own stands
ultimatum game
- split and accept/reject
- unwillingness to accept injustice
- dictator game
- must accept
- significance of honor
envelope paradox
- by Maurice Kraitchik
evolutionary game theory
- penguin volunteer
auction where highest bidder wins
- but second higher still needs to pay
Playing rationally against an irrational opponent is irrational
People coop when faced with “shadow of the future”
If you are the lesser player, play as few games as possible.