Timeline for Why is game theory formulated in terms of equilibrium instead of winning strategies?
Current License: CC BY-SA 4.0
17 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| Nov 3, 2021 at 19:24 | answer | added | rimu | timeline score: 2 | |
| Oct 28, 2021 at 21:17 | answer | added | Frank Thorne | timeline score: 7 | |
| Oct 28, 2021 at 9:18 | comment | added | Shayne | This isn't really what game theory is about. Its more about what happens when you have two sets of competing interests and how the outcomes fall out that clash of interests by "rational agents" (which might not clash, the decision to cooperate is part of the deal). It started with the prisoner dilema, but really got formulated as a field by Nashes work on the equilibrium. To be clear, this usually isnt about "games" but things like economic competition, international politics etc. It brings maths to the table. | |
| Oct 27, 2021 at 21:45 | comment | added | Robbie Goodwin | How would you justify "if everybody plays according to a Nash equilibrium, then there is no incentive for me to change my strategy, no matter how horrible my current position is"? | |
| Oct 27, 2021 at 0:05 | answer | added | Lodinn | timeline score: 3 | |
| Oct 26, 2021 at 21:16 | answer | added | albielin | timeline score: 2 | |
| Oct 26, 2021 at 16:50 | comment | added | Mark Wildon | Playing at the Nash equilibrium can be thought of as doing one's best not to lose, even against expert opposition. In a two player game, doing one's best not to lose might well be enough to win. | |
| Oct 26, 2021 at 15:38 | comment | added | Wojowu | @JohnSmithKyon Well, it usually is formulated that way! But even if there is no strategy which guarantees a win, you can ask what the "best" strategy is, subject to some criteria of what "best" is supposed to mean. | |
| Oct 26, 2021 at 15:25 | comment | added | BCLC | @Wojowu so what if OP or someone will ask something like 'why isn't rock paper scissors then formulated beginning with "There does not exist a winning strategy..."? ' ? | |
| Oct 26, 2021 at 13:10 | answer | added | Timothy Chow | timeline score: 20 | |
| Oct 26, 2021 at 12:01 | history | became hot network question | |||
| Oct 26, 2021 at 8:50 | review | Close votes | |||
| Oct 31, 2021 at 1:16 | |||||
| Oct 26, 2021 at 3:02 | answer | added | Will Sawin | timeline score: 32 | |
| Oct 26, 2021 at 1:32 | comment | added | David E Speyer | You might like to look into Combinatorial Game Theory; that is much closer to what I imagined Game Theory would be based on its name. | |
| Oct 25, 2021 at 23:47 | answer | added | Iosif Pinelis | timeline score: 8 | |
| Oct 25, 2021 at 22:31 | comment | added | Wojowu | Because there usually aren't winning strategies. For instance there is no winning strategy in rock-paper-scissors. The best you can do is some mixed strategy with some equilibrium conditions. | |
| Oct 25, 2021 at 22:27 | history | asked | Sin Nombre | CC BY-SA 4.0 |