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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts
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To: TigerPaw who wrote (34207)8/22/2021 10:56:44 PM
From: Sun Tzu1 Recommendation

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ajtj99

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Actually I was coming at it from the other direction. Studies have shown that on average people behave in a manner consistent with Nash equilibrium. This is especially true if they have had the chance to hone their game.

Now it turns out that when it comes to moral dilemmas, the Nash equilibrium is most often what we would consider ethical behaviour.

In other words, while we are not angels, nor are we devils or complete idiots. *And* we naturally (based on instinct + universal values) act in benevolent self interest.

You don't have to be well educated or know game theory to get there. Experiments show that with a little practice people get there without having to create a mathematical model or philosophizing about it.

It's natural then to presume that we pass this collected wisdom/experience to the next generation, hence my statement about ethics as the distillation of generational wisdom. Burning your ships on hostile shores, asking for expensive engagement ring, deep discount for the first time trial followed by expensive annual rate are all examples of game theory strategies that people use everyday without knowing the theory.

But the most common versions of game theory stratagems that we pass on the next generation are our codes of daily conduct. We codify those into religion, morals, manners, etc.
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