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Sketch comments on Prisoner's Dilemma on game show Golden Balls - Less Wrong Discussion

15 Post author: atorm 21 April 2012 12:31AM

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Tags: prisoner's dilemma game theory

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Comment author: wedrifid 21 April 2012 05:51:48PM *  -1 points [-]

Why would you choose steal here, if you actually believed he had precommitted to it? There's a decent enough chance he would honor his word. I doubt you would gain much, if anything, from appearing spiteful on TV.

I'd gain all of the money for a start. You are not going to have much luck convincing me that 'steal' is irrational here given that it has better overall strategic properties (than this guys ploy) and happens to be the winning move in this case.

I doubt you would gain much, if anything, from appearing spiteful on TV.

Choosing 'steal' vs 'steal' doesn't seem particularly spiteful to me.

Comment author: Sketch 23 April 2012 01:24:37AM 8 points [-]

Welcome to the land of Hindsight Bias. Enjoy your stay.

http://en.wikipedia.org/wiki/Hindsight

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