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04-21-2012 , 03:09 PM

#251

DDAWD

Carpal \'Tunnel

Join Date: Aug 2009 Posts: 6,879

http://www.businessinsider.com/golde...-theory-2012-4

04-21-2012 , 03:14 PM

#252

pele02

Pooh-Bah

Join Date: Nov 2008 Posts: 4,531

Zzzzzzz...back home after a week in Vegas.

It was a busy week listening to speakers talk all day, going out eating and drinking at night with a little sleep in between.

Detox and a sleeping for a week now

04-21-2012 , 03:25 PM

#253

*Split*

See my coaching listing

Join Date: May 2006 Posts: 9,261

Quote:

Originally Posted by DDAWD

http://www.businessinsider.com/golde...-theory-2012-4

awesome.

04-21-2012 , 04:01 PM

#254

Y2Dennis

old hand

Join Date: Mar 2007 Posts: 1,268

Quote:

Originally Posted by DDAWD

http://www.businessinsider.com/golde...-theory-2012-4

Awesome gameshow concept. But that move is brilliant.

04-22-2012 , 11:04 PM

#255

SammyG-SD

Carpal \'Tunnel

Join Date: Aug 2007 Posts: 12,600

had a bottle of DogFishHead Red & White, I am a changed man now.

04-23-2012 , 09:53 AM

#256

springsteen87

Carpal \'Tunnel

Join Date: Oct 2007 Posts: 8,998

Quote:

Originally Posted by DDAWD

http://www.businessinsider.com/golde...-theory-2012-4

I wonder if the stock guy ever put it together or if he ended up choosing Split because he "had no choice"

Also, would have been pretty lol to see him put it together and then steal!

04-23-2012 , 12:02 PM

#257

springsteen87

Carpal \'Tunnel

Join Date: Oct 2007 Posts: 8,998

At work:

*looking over co-workers shoulder*, "College girls powerpoint **** list?"

third-party "I'm willing to crash my computer over that"

04-23-2012 , 12:14 PM

#258

gman339

veteran

Join Date: Jun 2007 Posts: 3,449

Quote:

Originally Posted by DDAWD

http://www.businessinsider.com/golde...-theory-2012-4

So awesome.

04-23-2012 , 02:59 PM

#259

FreeShot

grinder

Join Date: Jul 2008 Posts: 658

I don't get the split/steal game. Why would you ever choose split? Doesn't seem like it would be to your advantage to so.

04-23-2012 , 03:05 PM

#260

AnAnonymousCoward

Pooh-Bah

Join Date: Jan 2010 Posts: 4,701

Because if you both choose steal, nobody gets any money.

04-23-2012 , 03:08 PM

#261

FreeShot

grinder

Join Date: Jul 2008 Posts: 658

But, if you choose split and the other guy chooses steal then you still don't get any money. I don't see how it is ever to your advantage to choose split unless the other person was your best friend who you knew you could trust.

04-23-2012 , 03:21 PM

#262

AnAnonymousCoward

Pooh-Bah

Join Date: Jan 2010 Posts: 4,701

Well, that's the dilemma.

04-23-2012 , 03:25 PM

#263

FreeShot

grinder

Join Date: Jul 2008 Posts: 658

Maybe I'm missing something. I don't see the dilemma. It seems like the optimum play is to always steal while trying to convince the other person to split. I can't see where it is ever advantageous to split.

Once the other guy chooses "steal", you can never get any money. Even the situation in the video, I would have chosen steal rather than taking my chances in trying to recover money from the guy once he wins and decides not to pay.

ETA: I guess that is the whole point of the game, maybe. To watch some sap get talked into splitting while the other guy intends to steal.

Last edited by FreeShot; 04-23-2012 at 03:30 PM.

04-23-2012 , 03:53 PM

#264

Thallium

old hand

Join Date: Apr 2008 Posts: 1,663

Quote:

Originally Posted by FreeShot

Maybe this'll help. It's commonly called the Prisoner's Dilemma, where you and a buddy are both being interrogated. There are the following options with consequences:

If neither of you talk, you both get 2 years in prison.
If one of you talk, the talker gets to go free but the other person spends ten years behind bars.
If you both talk, you both spend ten years behind bars.

You can't communicate with the other person. Do you talk or stay quiet?

I might be screwing up the numbers on that, but that's the gist. It's a very common Game Theory question.

04-23-2012 , 04:02 PM

#265

FreeShot

grinder

Join Date: Jul 2008 Posts: 658

Same as with the prisoner's dilemma, isn't the best strategy to always confess? Excepting the one rare condition where you know you can totally trust the other person.

04-23-2012 , 04:31 PM

#266

Cangurino

Carpal \'Tunnel

Join Date: Apr 2008 Posts: 13,476

Golden Balls is not a dilemma. Splitting is dominated by stealing. The difficult part is to convince the other player to split.

I remember seeing a clip of Liv Boeree (sp?) on that show.

04-23-2012 , 04:32 PM

#267

DDAWD

Carpal \'Tunnel

Join Date: Aug 2009 Posts: 6,879

GTO is to steal since you win 50% of the pot on average if your opponent is random as opposed to 25% if you pick split.

The thing about this game is that, unlike poker, it's not a zero sum game. If you could play the game over and over again, you'd have an incentive to keep splitting, assuming the other person does so as well.

04-23-2012 , 04:35 PM

#268

kb coolman

Pooh-Bah

Join Date: Aug 2008 Posts: 5,452

Altruisim/Trust should never come into play in raw game theory.

04-23-2012 , 09:29 PM

#269

springsteen87

Carpal \'Tunnel

Join Date: Oct 2007 Posts: 8,998

the big dude didn't seem convinced that he was convincing. I think he did well to play right away, not let the broker think things through, just come out guns blazin!

04-24-2012 , 10:38 AM

#270

springsteen87

Carpal \'Tunnel

Join Date: Oct 2007 Posts: 8,998

May pork rain down upon you, on this, your very happiest of days, Sammy

04-24-2012 , 11:51 AM

#271

AnAnonymousCoward

Pooh-Bah

Join Date: Jan 2010 Posts: 4,701

http://forumserver.twoplustwo.com/29...s-ftp-1197424/

04-24-2012 , 12:05 PM

#272

*Split*

See my coaching listing

Join Date: May 2006 Posts: 9,261

what an awful day yesterday. broke my ankle, got a huge gash my face, and all while I have to move tomorrow. excellent!

04-24-2012 , 12:12 PM

#273

dereku

old hand

Join Date: Mar 2011 Posts: 1,216

Quote:

Originally Posted by *Split*

what an awful day yesterday. broke my ankle, got a huge gash my face, and all while I have to move tomorrow. excellent!

Ouch, what happened

04-24-2012 , 12:18 PM

#274

*Split*

See my coaching listing

Join Date: May 2006 Posts: 9,261

Quote:

Originally Posted by dereku

Ouch, what happened

playing tennis with my son. the area has two courts side by side with 2 light poles in between each court. i was running after a shot he duffed and I smashed both my face and knee into the pole at the same time my ankle went the opposite way. and now i type this post from a wheelchair, lol

04-24-2012 , 12:19 PM

#275

Rusty Nails

Carpal \'Tunnel

Join Date: May 2006 Posts: 6,373

Early reports have Stars buying FTP including a settlement with DOJ and full repayment of players balances

http://www.pokerlistings.com/rumor-p...-million-34877

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