If one person doesn’t get it, and needs to have it patiently explained to them, the increased efficiency might not be worth it in that instance.
Corollary: if you surround yourself with a group of fellow game theory nerds, you can do more frontier exploration. But successfully developing/explaining/using new mechanisms within this group will then be less instructive about how easy it will be to export new mechanisms beyond the group.
Hanging out with quant finance people probably also helps with this. At least some of them have clever things like this that they play as games at the office.
Yeah, and it is hard to figure out how smart people have to be exactly. I tried such an approach at our office with tasks to be distributed and used one such tool. Unfortunately, not everyone got it and that resulted in very disappointing assignments and anger as a result.
Corollary: if you surround yourself with a group of fellow game theory nerds, you can do more frontier exploration. But successfully developing/explaining/using new mechanisms within this group will then be less instructive about how easy it will be to export new mechanisms beyond the group.
Hanging out with quant finance people probably also helps with this. At least some of them have clever things like this that they play as games at the office.
Yeah, and it is hard to figure out how smart people have to be exactly. I tried such an approach at our office with tasks to be distributed and used one such tool. Unfortunately, not everyone got it and that resulted in very disappointing assignments and anger as a result.