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Old 06-26-2013, 05:38 AM   #1 (permalink)
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game theory at its finest

http://www.youtube.com/watch?v=p3Uos2fzIJ0
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Old 06-26-2013, 08:22 AM   #2 (permalink)
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Intresting show. Kinda shows just how greedy and dirty people are, just to get money by screwing over someone else.
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Old 06-26-2013, 08:53 AM   #3 (permalink)
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Well I thought it was the guy that was gonna do it since noone is genuinely that nice anymore, but there went the last honest guy we had.
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Old 06-26-2013, 09:03 AM   #4 (permalink)
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Are you stalking me, henious? I learned about game theory literally yesterday in my economics class..... WE EVEN WATCHED THIS EXACT VIDEO.
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Old 06-26-2013, 09:09 AM   #5 (permalink)
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I would jump out of my seat and murder that woman right there on the spot. What a cold bitch. I hope she lost the check for all that money.
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Old 06-26-2013, 09:10 AM   #6 (permalink)
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So i'm a bit confused on this game. The options are

both pick share and the money is split
one picks steal and the other picks share and teh money goes to the stealer
both pick steal and neither get the money.

What gets me is, wouldn't the smart thing to do is pick steal? if you pick share and they pick steal you get nothing, but if they pick steal also you both get nothing. Basically you'd be picking a option based on the fact they will probably pick steal.

The share option seems to be only something if you are trying to be a nice person and willing to give them half or all the money.
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Old 06-26-2013, 09:11 AM   #7 (permalink)
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Quote:
Originally Posted by martix_agent View Post
I would jump out of my seat and murder that woman right there on the spot.
I might not have gone THAT far, but I would at least make her feel bad. "Why.... Why did you do that? We had a deal... My kids won't get into the university with out that money...."
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Old 06-26-2013, 09:33 AM   #8 (permalink)
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Quote:
Originally Posted by JLuke View Post
So i'm a bit confused on this game. The options are

both pick share and the money is split
one picks steal and the other picks share and teh money goes to the stealer
both pick steal and neither get the money.

What gets me is, wouldn't the smart thing to do is pick steal? if you pick share and they pick steal you get nothing, but if they pick steal also you both get nothing. Basically you'd be picking a option based on the fact they will probably pick steal.

The share option seems to be only something if you are trying to be a nice person and willing to give them half or all the money.
This is true, but if you KNOW the other person is going to steal, then you're pretty much screwed out of money no matter what you pick.
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Old 06-26-2013, 09:51 AM   #9 (permalink)
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The only way for game theory to work in your favor (if you owned a big corporation) is to either always steal or have written knowledge of cooperation. I don't know the context of these contestants but it would be better to split it all the way up until the end (which is what I'm guessing happens to the smarter players) and then whoever is the most honest will lose most of the time.
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Old 06-26-2013, 10:06 AM   #10 (permalink)
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Originally Posted by martix_agent View Post
This is true, but if you KNOW the other person is going to steal, then you're pretty much screwed out of money no matter what you pick.
Which means your real choice in this game is to either assume you are going to lose gracefully and share, most likely taking nothing, or to be an *** and assume the other person is going to steal, so you steal yourself to ensure they get nothing for being a prick.
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