http://www.science20.com/hammock_physicist/rational_suckers-99998
Slightly intrigued by this article about Braess’ paradox. I understand the paradox well enough, but am confused by how he uses it to critisize super-rationality. But mostly I was amused that in the same comment where he says, ‘Hofstader’s “super-rationality” concept is inconsistent and illogical, and no single respectable game theorist takes it seriously.’ he links to EY’s The True Prisoners’ Dilemma post.
Also, do people know if that claim about game theorists is true? Would most game theorists say that they would defect against copies of themselves in a one-shot PD?
Would most game theorists say that they would defect against copies of themselves in a one-shot PD?
It depends on what “against copies of themselves” means. If it means “I know the other person behaves like a game theorist, and the payoff matrix is denominated in utility,” then yes. If it means “I know the other person behaves like a game theorist, but the payoff matrix is not denominated in utility because of my altruism towards a copy of myself,” then no. If it means “I expect my choices to be mirrored, and the payoff matrix is denominated in utility,” then no.
http://www.science20.com/hammock_physicist/rational_suckers-99998 Slightly intrigued by this article about Braess’ paradox. I understand the paradox well enough, but am confused by how he uses it to critisize super-rationality. But mostly I was amused that in the same comment where he says, ‘Hofstader’s “super-rationality” concept is inconsistent and illogical, and no single respectable game theorist takes it seriously.’ he links to EY’s The True Prisoners’ Dilemma post.
Also, do people know if that claim about game theorists is true? Would most game theorists say that they would defect against copies of themselves in a one-shot PD?
It depends on what “against copies of themselves” means. If it means “I know the other person behaves like a game theorist, and the payoff matrix is denominated in utility,” then yes. If it means “I know the other person behaves like a game theorist, but the payoff matrix is not denominated in utility because of my altruism towards a copy of myself,” then no. If it means “I expect my choices to be mirrored, and the payoff matrix is denominated in utility,” then no.