GAME THEORY: The Pinnacle of Decision Making

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Published 2017-11-02
Game theory, despite its innate complexity, constitutes an incredibly powerful body of knowledge that can allow a person to be more effectual when it comes to decision making.

Life oftentimes feels like a game.

And, usually, the winners are the ones who know how to play.

🔴 You can find the REMASTERED version of the video here:    • Game Theory: The Pinnacle of Decision...  

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All Comments (21)
  • @deryasefer
    "When you strip away the genre differences and the technological complexities, all games share four defining traits: a goal, rules, a feedback system, and voluntary participation."

    Jane McGonigal
  • I'm impressed. VERY impressed. Usually, I don't make time for longer video's, but your blog has intrigued me for years now. This is an excellent start, and I'm very much looking foward to many more in the future!
  • @tonytiger943
    Very well done. I was also very impressed by your presentation on Machiavelli.
    I am a researcher in the areas of ethics, political and societal responses to the concept and reality of homelessness.
    Rarely do I find such clear, concise and meaning ‘full’ presentations.
    Keep up the good work and happy new year 🥂!
  • @cottondai
    This is the best explanation of game theory I am ever come across. This concept of visual essay is great. Thank you for breaking this complex concepts. I enjoyed as much as you enjoyed making it. :)
  • @planksip
    Great to see this type of content and intellect on the internet. The video was well done. I will return. :)
  • @AramDovlatyan
    At 5:45, In the prisoner's dilemma the only nash equilibrium is for both to Betray, not for both to cooperate/stay silent, at least in this 1 time period run of the game. A nash equilibrium by definition is each players best response given the other player's strategy. In the point where both cooperate, cooperating is not the best response to the other person cooperating, one can choose to betray and get a better payoff given the other person is cooperating/stay silent. The reason a nash equilibrium is a equilibrium is that because no other action given the other persons action can produce a better payoff, at the outcome where Both betray, neither of them can change their strategy to Stay silent and get a better payoff, therefore it is a nash equilibrium.
  • @sakurakireina
    You also have "mystery" voice, so fit for this type of video content.
  • The concept of Nash equilibrium is a good follow-up to this video. When each player has nothing to gain by changing their strategy, we have reached equilibrium. This concept helps us examine in further detail, why a prisoner might defect against a fellow prisoner.
  • This is like an ad or a pamphlet. A teaser to learn about game theory.
  • @Luckynick50
    I’m a simple guy. I see Machiavelli. I click.
  • @user-qm5wx8bk2e
    Glad you keep doing it... they keep getting better and better Congratulations. Thank you for all the thought-provoking video essays!.
  • @jimilee4660
    Thank you. I've looked at so many videos that promised an explanation of game theory, and they all just showed game scenarios and solutions.
  • @1qstudios
    But thats just a theory.. A GAAAAAAMMME THEORYYYYY
  • @Fitysa
    I'm impressed, amazing and quality work everytime! Keep it up and a big thank you from Mexico!
  • your voice is calm and you articulate your thoughts really well.
  • So value in this podcast! You guys continually help me improve as a trainer and i very much appreciate it
  • @EmmanuelKamau
    I’m very happy YouTube suggested me your videos! My Audible book for this month is “The Art of Seduction” by Robert Greene and while doing some research on how my interactions differ with other people YouTube suggested your content, please keep making more!