Well said.
Of course I have. What will you do when I close the doors?
highroller:You canât have socialism for the rich and capitalism for the poor.
Well said.
I like it too. Can you have the reverse?
TheDoctorIsIn:Ok. So?
Weâre discussing game theory, are we not? If itâs in my best interest to involve the government, why shouldnât I?
Because it isnât in your best interest, as we can plainly see.
Sounds paternalist.
JayJay:Government force is not âfinalâ either.
And yesâŚthat property did indeed âbelongâ to others before we got here.
It doesnât any longer and why not?
Of course it is. Unless youâre counting the Good Lord.
No, it didnât.
NoâŚgovernment force is not final any more than any other force is finals.
And yesâŚit did.
You can deny reality until the cows come homeâŚthat doesnât turn reality into unreality.
FinallyâŚagainâŚgame theory is math.
As Samson pointed out it is neither prescriptive or proscriptive.
Again - what will you do when you close your doors?
If you close, we both lose.
WuWei: TheDoctorIsIn:Ok. So?
Weâre discussing game theory, are we not? If itâs in my best interest to involve the government, why shouldnât I?
Because it isnât in your best interest, as we can plainly see.
Sounds paternalist.
Ok⌠so?
TheDoctorIsIn:Ok. So?
Weâre discussing game theory, are we not? If itâs in my best interest to involve the government, why shouldnât I?
Because it isnât in your best interest, as we can plainly see.
Whatâs plain to see?
I like it too. Can you have the reverse?
Does it have to be either/or?
workers rights are stupid.
NoâŚgovernment force is not final any more than any other force is finals.
Of course it is.
And yesâŚit did.
No, it didnât.
FinallyâŚagainâŚgame theory is math.
Ok, so what?
Again - what will you do when you close your doors?
If you close, we both lose.
What does that matter to you? You lost your job.
And so did you.
If you are a rational actor, working in your own interest, you wonât close your business out of spite.
WuWei:I like it too. Can you have the reverse?
Does it have to be either/or?
Why didnât you ask him that?
And so did you.
If you are a rational actor, working in your own interest, you wonât close your business out of spite.
No, I gained cash.
a rational actor
a unicorn.
Are you trying to argue that closing your business out of spite is in your own financial best interest?
Without assuming the parties are rational actors working in their own best interest, game theory is useless.
so you donât support stuff like law regulating where you can dump toxic waste.
Um, you answered your own question in the OP. In the Prisonerâs Dilemma, which is clearly the game theory youâre referring to, the first person to seek advantage from power wins.