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Is game theory as insightful as it's made out to be? (lemmygrad.ml)

submitted 8 months ago by CannotSleep420@lemmygrad.ml to c/comradeship@lemmygrad.ml

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I've seen game theory brought up as being incredibly useful for understanding reality, like the new cold war and the Al Aqsa Flood. Pretty much everyone I've seen praise it has been a lib though.

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[–] lorty@lemmygrad.ml 8 points 8 months ago

It's interesting maths, and on a personal note helped me be more aware of the incentives of the artificial systems that surrounds us.

But no, you shouldn't look at the prisoner's dilemma and think that eveyone would act like that in the same situation. Real people, specially when talking about individuals, rarely are completely "rational" (whatever that means) and many factors that matter a lot to individuals are completely discarded.