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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?


To: Wildstar who wrote (10415)12/21/2007 8:36:21 PM
From: dvdw©Respond to of 24758
 
Not so fast my friend...at least when compared to the current off the shelf university students!
Young chimpanzee can recall number placement better than people can.

Ewen Callaway

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A particularly cunning seven-year-old chimp named Ayumu has bested university students at a game of memory. He and two other young chimps recalled the placement of numbers flashed onto a computer screen faster and more accurately than humans.

nature.com



To: Wildstar who wrote (10415)12/21/2007 9:05:57 PM
From: ahhahaRead Replies (1) | Respond to of 24758
 
Game Theory is a big trap. It sucks you in and hoodwinks you into believing it since it's hard to argue with it on theoretical grounds. When it's practically applied it falls apart fast. Too complex to model reality which inevitably follows elusive, non-intuitive lines, and requires greater perfection in behavior as it becomes more accurate, a very unrealistic requirement. I like this comment taken from wikipedia's discussion of prisoner's dilemma:

"Axelrod discovered that when these encounters were repeated over a long period of time with many players, each with different strategies, greedy strategies tended to do very poorly in the long run while more altruistic strategies did better, as judged purely by self-interest. He used this to show a possible mechanism for the evolution of altruistic behavior from mechanisms that are initially purely selfish, by natural selection."

It says that good behavior is the result of natural evolution. Thus, the universe can't help but be good although getting there it can explore a lot of bad.

It's too difficult to coordinate such bargaining.

This is a more technical way of expressing why coordination must remain extremely limited or it becomes undefined or ambiguous producing counter productive results.

The most profitable strategy for each special interest group is to spend money on socialism.

Quite a profoundly true statement worth at least a master's degree to demonstrate. In one sense it looks trivially true or obvious on the layman's level, but in another sense its truth can be made rigorous only with an extremely involved argument.