Matvey_Ezhov comments on Game Theory As A Dark Art - Less Wrong

50 Post author: Yvain 24 July 2012 03:27AM

You are viewing a comment permalink. View the original post to see all comments and the full post content.

Comments (100)

You are viewing a single comment's thread. Show more comments above.

Comment author: Pentashagon 24 July 2012 09:44:20PM 8 points [-]

Aren't most of these evil strategies effectively combated by good strategies? For instance, the Republicans could promise 1/2 of a stupendous amount of money to the Democrats for all of them voting no and then have one Republican vote yes. The plutocrat pays 1 stupendous amount of money to the Republicans who split it with the Democrats. Shouldn't the business offering $101 a share just offer $105.01 for the first 500 shares and $96.99 for the other half, then redistribute them like the evil offer? Shouldn't a family business establish a managed trust instead of relying on such a weak board of directors? Or not sell 51% of their shares to anyone else? Shouldn't the first bidder for $20 bid $19.99 and slowly build up a wealth in pennies? Shouldn't bloodthirsty pirates invest the $17000 in faster ships and more cannons?

Comment author: Matvey_Ezhov 01 August 2012 07:26:44PM *  4 points [-]

Even better, if party A want to play the game, they could announce to party B that they will vote for 26% of total (assuming 50%+ is what it takes to pass the vote) and to split in case the bill doesn't pass. This way they can be sure that party B wouldn't outvote them without passing the bill and ruining thhe game.