Liv Boeree on University Challenge BBC2
12-19-2011
, 10:25 PM
12-20-2011
, 01:34 AM
12-20-2011
, 03:14 AM
Cliffs
[ ] NVGtards can discuss game theory intelligently ITT
To all you smartasses talking about prisoners dilemma, yes this is classic PD, but not the one you were introduced too in your first year university economics course, but more on that in a second.
Yes, the game is easily solved by dominance but the Pareto solution is cooperation by both parties, it yields the greatest total utility to both players. In a Prisoners Dilemma game with no communication of ANY sort and where the payoffs are actual UTILITY (not $$) the clear cut answer is defect.
Now what is different with this game? Firstly the payoffs are all monetary values, not utility. If a millionaire was playing that game against someone living in a trailer park they may actually rank their preferred results Split > Lose to a steal > Steal successfully > Both Steal. If this is a viable rendition of ANYONE's utility values then this game is never "solved" since we only have monetary payoffs and not actual valuations from players.
Additionally because communication is clearly not only allowed, but encouraged, in this game it is, again, completely different than what some of the above posters learned in high school. Depending on what mechanisms are available and what information one is able to acquire the game changes entirely; especially if we're talking about a live poker player who should not only be well versed in Game Theory, but also able to read people to some extent.
And lastly this is not a game with closed results, usually in PD there is no audience, if you think the players knowledge that people will watch this show doesn't play a roll you're a damn fool, and for 3250.50 pounds it might be +EV for alot of people to play Split depending on what sort of reputation they want.
Having played this game with communication before in a somewhat controlled study it was actually lol obvious what the result would be before they revealed, i was unsure of Liv's move, but if she didn't have a justified belief that he would Split she might have wanted some practice before going on the show (if you don't see the multiple tells do this experiment with several friends, if you don't figure it out then stick to NVG and stay away from MSNL
).
Basically NVGtards stick to what you're good at, trolling, but please don't use actual intelligent discussion, it makes those of us who actually think look bad.
[ ] NVGtards can discuss game theory intelligently ITT
To all you smartasses talking about prisoners dilemma, yes this is classic PD, but not the one you were introduced too in your first year university economics course, but more on that in a second.
Yes, the game is easily solved by dominance but the Pareto solution is cooperation by both parties, it yields the greatest total utility to both players. In a Prisoners Dilemma game with no communication of ANY sort and where the payoffs are actual UTILITY (not $$) the clear cut answer is defect.
Now what is different with this game? Firstly the payoffs are all monetary values, not utility. If a millionaire was playing that game against someone living in a trailer park they may actually rank their preferred results Split > Lose to a steal > Steal successfully > Both Steal. If this is a viable rendition of ANYONE's utility values then this game is never "solved" since we only have monetary payoffs and not actual valuations from players.
Additionally because communication is clearly not only allowed, but encouraged, in this game it is, again, completely different than what some of the above posters learned in high school. Depending on what mechanisms are available and what information one is able to acquire the game changes entirely; especially if we're talking about a live poker player who should not only be well versed in Game Theory, but also able to read people to some extent.
And lastly this is not a game with closed results, usually in PD there is no audience, if you think the players knowledge that people will watch this show doesn't play a roll you're a damn fool, and for 3250.50 pounds it might be +EV for alot of people to play Split depending on what sort of reputation they want.
Having played this game with communication before in a somewhat controlled study it was actually lol obvious what the result would be before they revealed, i was unsure of Liv's move, but if she didn't have a justified belief that he would Split she might have wanted some practice before going on the show (if you don't see the multiple tells do this experiment with several friends, if you don't figure it out then stick to NVG and stay away from MSNL
).Basically NVGtards stick to what you're good at, trolling, but please don't use actual intelligent discussion, it makes those of us who actually think look bad.
12-20-2011
, 03:33 AM
12-20-2011
, 04:02 AM
This is kinda what you do every time you're deep in a tournament and you raise A3o from utg 