What is game theory? #shorts

Game theory is a useful tool for decision-making in situations where the outcome depends on multiple parties. It provides a systematic way to analyze the interdependence of individuals or organizations and their potential strategies.

Not only does game theory help you identify the optimal strategy for achieving your goals, it can also help you avoid the sunk-cost fallacy — the tendency to persist in an endeavor because of the resources you've already invested.

By taking into account the potential actions and responses of other players, game theory allows you to minimize your losses and make informed choices that lead to better outcomes. Whether you're negotiating a business deal or making investment decisions, game theory can be a valuable asset in helping you make smarter choices and achieve your objectives.

[jipillow]

Mathematical theory of predicting base human behavior.

[NM-scje]

game theory is proof that cooperation and forgiveness enable us to not just kill eachother but the caveat is dont be a pushover. If someone does you wrong; get them back and then move forward. The wrong way to do it is hold grudges forever, don't cooperate w/ others and rule by fear. Once the rulers by fear are outnumbered; then the human race can finally thrive in peace. the meek truly do inherit the earth.

[Jimothy-]

game theory was also used by the USA to predict German U-boat movements in WW2. it worked very well.

[voidlessguy]

No game theory its a MatPats theory (there is a youtuber that owns game theory film theory and food theory)

[zeeshanehtisham]

we need a detailed tutorial on this theory its really very interesting stuff

[bobbruce]

I found so-called romantic relationships in the Far East was heavily based on financial gain. Not much to do with empathy, romantic love or honest bonding.

[AmyJackson-_-]

If it is socially then it’s mind reading. Trying to determine another person’s thoughts is dangerous. Especially, of how many people think they’re smart and like to gossip.

[brynleyjones]

I don't know why people are criticizing his explanation. He laid out the idea very well.

[sholomblock]

The last part sounded essentially like sociology.

[brettlott]

Wow that’s cool, Makes sense. I use game theory for playing Texas Holden Poker.

[vincentmusumba]

Game theory is near perfect capitalism

[wolfiesama]

I was watching Matt Pat’s vids and then this popped up

[thegamingchef]

But that’s just a theory a game theory

[thefishboiofhell]

This theory is really dumb, not only don i not believe scott when he says there is only one retcon, but the most obvious retcon is dream theory, which is funny bc matt is the one who originally figured it out

[tannarkovar-tfjk]

Nrp I'm pretty sure game theory is a channel

[createa.googleaccount]

Seems Odd to approach Human Behavior with the need to Attach Mathematics, Unless of course it can be justified with a narative that's so convincing as to financially benefit Greatly 🤔 💰💰💰💰💰 because LMAO 🤣

[angelspawn]

Game Theory is based on contentious interactions in a zero-sum world. In order to win, someone else has to lose. It is the basis for our dysfunctional nihilistic society and international discord!

[abdulwahidalhassani]

This guy has perfected the art of explaining without really explaining.