|Game Theory for the Check Mate
Are there true psychics? The short answer is yes. Not in the aesthetic form you might be thinking; not with tarot cards and palm reading. It happens in far more mundane and subtle ways. It is a key component to the learned & enlightened mind. Through simple understandings, revelations so to speak, anyone has the ability to become psychically aware. Psychics are simply an all encompassing term for what many people have learned to do naturally and over time. They might not fully grasp the social science & mechanics behind psychic phenomenon. It happens nonetheless. It happens because of game theory. What exactly is game theory? A quick Google search provides a quick definition:
the branch of mathematics concerned with the analysis of strategies for dealing with competitive situations where the outcome of a participant’s choice of action depends critically on the actions of other participants. Game theory has been applied to contexts in war, business, and biology.
Why am I calling Game Theory psychic phenomenon? It is a way in which the world can predict and react to actions without formal communications. With the proper “true” data sets with both parties, both parties would inherently know what the other is thinking and doing. I learned game theory through my Minor studies of Politics at New York University. I applied these techniques to better understand my Major studies of International Business & Finance. I’m writing this to explain that studying Game Theory will have positive results in understanding almost any social situation. Its not rocket science, its mathematics and social science!
|Game Theory Decision Tree
Game Theory entails, at a basic level, the concept of decision trees. Actors will have the chance to evaluate the cost/benefit of decisions & counter decisions. Both players act simultaneously and will rationally come to the same result equilibrium every time. Its the social decision making skills that allow for master Chess or Poker players. It is an art in many ways not a science. Not through the dynamics of the actual decision tree. The decision tree is simple. The difficult thing is understanding and knowing the actual cost/benefit valuation of each node. Truly “psychic” parties will know how to play the game and know how to correctly valuate any decision contingent they may be involved with. Game Theory is fundamentally simple to understand. I recommend starting with simple game understandings such as the “Prisoner’s Dilemma”. In reality, things get exceedingly complex; exceedingly fast. This is where the art over science kicks in. There must be a way to estimate variables that are not fully known within the “game”. For me, this is the most powerful tool I learned at New York University. By this understanding, you can analyze the world in a anti-ideological manner. Those that seek truth will see that Game Theory is in essence #Realpolitik. Via this method, I’m attempting to explain that this is an obscure tool that is rarely taught to people in school. It is one of the most powerful tools for anyone of higher learning. So where does this assumption lead us?
One must assume that Game Theory exists and is utilized both explicitly and inherently for time immemorial. My major point is that Game Theory sheds light into something far more insidious within society. I wholeheartedly believe that Game Theory correctly identifies the existence of Bigfoot! That was a joke. Game Theory correctly identifies the existence of implicit collusion within our economic & political society. It explains the unspoken dance within these realms that move the world. The movers and shakers do not need to formally communicate, they will correctly valuate actions and move accordingly within socio-political economic circles. The result is the ability to perform collusion in all forms, both legally and illegally. This may seem like a big leap, but this is what a blog is for. Blogs are not scientific papers and can therefore be more risky with assumptions.
There have been many cases investigated and unraveled that proved economic parties were fixing prices, or contracts, or something of the sort. I don’t have a concrete example off the top of my head but it would be beneficial to research this claim. My big claim is that as much as game theory may predict certain behaviors, it also predicts bad behavior. For many it may lead to delusional misunderstandings and assumptions about history, politics & economics. On the flip-side it may vindicate the Conspiracy Theorist. Wow! This is powerful stuff I’m talking about!
On a final note, I can’t help but feel that Game Theory’s assumptions lead to practical revelations. For many it would lead to a total lack of surprise when things are leaked to the media. I feel that if 99% of the National Security Agency documents are still not released, we will see much much more supporting this concept. I believe Game Theory is how the Mob is able to conduct much illicit business under the radar of many things. I believe it predicts bad behavior in clandestine situations. Enough rambling on my part though.
Realpolitik and Game Theory got us through the Cold War in many respects. We’re in an era where Hegemonic influences are quickly becoming decentralized and harder to predict. This will inevitably lead to a new set of winners and losers within the world. As said before, Game Theory has been applied for time immemorial. It is the explicit tool of enlightened thinking. I will venture to say that you simply cannot consider yourself at a higher level of thinking without these tools on board. It is the tool that makes a bright person bright. The correct application of game theory will make a bright person look brilliant! Game Theory in practice will make the pundit look absolutely psychic in their predictions. This understanding will inevitably lead to far more sophistication and enlightenment within society. It also may lead to a greater level of discontent. That is for another blog post. I must have a few crumbs on the blog path; so to speak. My final thought in all of this is that you simply have to look at the success of Nate Silver in the 2012 US election cycle. Sans ideological propaganda, Nate Silver was able to predict election outcomes in a precision not understood by most ideologues.