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Jan 17th, 2004 06:59 PM
theapportioner Hmmm, "Prisoner's Dilemma"... sounds like some kinda kinky sex-play
Jan 17th, 2004 06:22 PM
Royal Tenenbaum Did OAO's older sibling leave their economics text open? Because I think he just opened up a random page, and wrote some shit in a feeble attempt to impress anyone that might give a shit.
Jan 17th, 2004 04:28 PM
kellychaos Backwards induction? Isn't something thats true, in general, true for the particular instances? Sounds like sound reasoning to me.
Jan 17th, 2004 03:48 PM
mburbank So, what, OAO, did you, you know, go to school or something? 'Cause all them big words and concepts just make my head go all woozy.
Jan 17th, 2004 02:08 PM
The One and Only... That's going in the sig.
Jan 17th, 2004 02:04 PM
Brandon THE OAO GOT GAME, BITCH.
Jan 17th, 2004 02:02 PM
The One and Only... I don't think many women would let you try backwards induction without an engagement ring...
Jan 17th, 2004 01:57 PM
theapportioner Although I try to not objectify, I recognize the appeal in viewing certain attractive members of the opposite sex as "game".
Jan 17th, 2004 01:49 PM
Anonymous In regards to the game theory, I don't believe that violent video games promote violent behavior. I've been playing video games for years, and I haven't turned into a murderous thug.
Jan 17th, 2004 01:41 PM
The One and Only...
Game theory and economic implementation

What do you guys think of the growing use of game theoretical tools within post-Chicago economics?

For example, Prisoner's Dilemma is sometimes used to explain an entrepeneur's position within the market place.

I think it's useful, but is severely limited within it's scope. Why? Well, for one thing, I am skeptical of any argument that makes it's basis on backwards induction, which many game theorists do to justify regulation.

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