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Dagon comments on Open Thread, January 4-10, 2016 - Less Wrong
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Game Theory (Nalebuff, Avinash) says carrying a gun is a dominant strategy. Does it favor concealed, or open carry? TIA.
I only read a synopsis of their book, but it's massively incorrect to take their statements as "game theory says" anything about carrying a gun in the real world. In their incredibly wrong payoff model, gun ownership does dominate. But that payoff model is simply is simply insane.
What are then appropriate payoff models for carrying or not carrying, concealed or open?