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Game Theory in the Real World 1890 Views
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Transcript
- 00:01
me <00:00:01.859> me <00:00:02.280>game <00:00:04.589>theory <00:00:04.980>in <00:00:05.170>the <00:00:05.259>real - 00:05
me me game theory in the real - 00:05
me me game theory in the real world - 00:05
world
- 00:06
world
eyelash <00:00:06.660> month <00:00:07.140>with <00:00:08.170>her <00:00:08.269>funny <00:00:08.650>at Full Transcript
- 00:08
eyelash month with her funny at - 00:08
eyelash month with her funny at times <00:00:08.800> in <00:00:09.120>life <00:00:09.269> only <00:00:09.570> 10 - 00:09
times
in life only 10 - 00:10
times
in life only 10 when<00:00:10.790> pro <00:00:13.160> and <00:00:13.290>not <00:00:13.460> just <00:00:13.639> one <00:00:13.809>or - 00:13
when pro and not just one or - 00:13
when pro and not just one or until<00:00:14.200> a <00:00:14.320>heated <00:00:14.730>game - 00:14
until a heated game - 00:15
until a heated game Dungeons<00:00:15.599> and <00:00:15.700>Dragons <00:00:16.270>in <00:00:16.780> theory - 00:16
Dungeons and Dragons in theory - 00:17
Dungeons and Dragons in theory takes<00:00:17.360> a <00:00:17.430> minute <00:00:17.720> topper <00:00:18.040>more - 00:18
takes a
minute topper more - 00:18
takes a
minute topper more complicated<00:00:18.960> decisions <00:00:19.520>in <00:00:19.650>this - 00:19
complicated decisions in this
- 00:19
complicated decisions in this world<00:00:20.170>
and <00:00:20.250> takes <00:00:20.700>the - 00:20
world and
takes the - 00:20
world and
takes the of<00:00:21.280> Fatima <00:00:21.850>OKC <00:00:24.180>run <00:00:24.460> a <00:00:24.490>shop <00:00:24.930> where - 00:24
of Fatima OKC run a shop where - 00:25
of Fatima OKC run a shop where you<00:00:25.130> sell - 00:25
you sell - 00:25
you sell mmm<00:00:26.460> tongue <00:00:26.680> depressors <00:00:27.600>you <00:00:28.500> decide - 00:28
mmm tongue depressors you decide - 00:28
mmm tongue depressors you decide to<00:00:28.830> go <00:00:28.860>with <00:00:29.150>a <00:00:29.210>really <00:00:29.510>big <00:00:29.680> money - 00:29
to go with a really big money - 00:30
to go with a really big money but<00:00:30.770> I'll <00:00:31.210>guy <00:00:31.530>across <00:00:31.770>the <00:00:32.080>street - 00:32
but I'll guy across the street - 00:32
but I'll guy across the street has <00:00:32.610> opened <00:00:32.930>another <00:00:33.120>tongue - 00:33
has
opened another tongue - 00:33
has
opened another tongue depressor<00:00:34.110> shop - 00:34
depressor shop - 00:34
depressor shop you're<00:00:35.030> happy <00:00:35.470>outselling <00:00:36.240>know - 00:36
you're happy outselling know - 00:36
you're happy outselling know like<00:00:36.950> you <00:00:37.270>really <00:00:37.510> wanna <00:00:37.750> bury <00:00:38.170>this - 00:38
like you really wanna bury this - 00:38
like you really wanna bury this guy - 00:38
guy - 00:38
guy how<00:00:39.840> will <00:00:40.270>enter <00:00:40.510> game <00:00:40.770>theory <00:00:41.230>if <00:00:41.670>we - 00:41
how will enter game theory if we - 00:41
how will enter game theory if we suppose <00:00:42.230> bow <00:00:42.390>shop <00:00:42.790>for <00:00:42.910>selling - 00:42
suppose
bow shop for selling - 00:43
suppose
bow shop for selling their<00:00:43.380> wares <00:00:43.580>for - 00:43
their wares for - 00:44
their wares for equal <00:00:44.380> prices <00:00:45.210>there <00:00:46.570>are <00:00:46.650>a <00:00:46.710>few - 00:46
equal
prices there are a few - 00:46
equal
prices there are a few ways - 00:47
ways - 00:47
ways this<00:00:47.840> game <00:00:48.110>could <00:00:48.250>go <00:00:48.800>possibility - 00:49
this game could go possibility - 00:49
this game could go possibility number <00:00:49.990> one - 00:50
number
one - 00:50
number
one use<00:00:51.480> grease <00:00:51.770>your <00:00:51.900> price <00:00:52.329> in <00:00:52.480>the - 00:52
use grease your price in the - 00:52
use grease your price in the other<00:00:52.720> guy <00:00:53.090>also <00:00:53.480>increases <00:00:54.140>his - 00:54
other guy also increases his - 00:54
other guy also increases his price <00:00:54.739> and <00:00:54.860> while <00:00:55.180>that's <00:00:55.390>a <00:00:55.420>las <00:00:55.760>not - 00:55
price and while that's a las not - 00:56
price and while that's a las not change<00:00:56.390> in <00:00:56.570>market <00:00:56.900> share - 00:57
change in market
share - 00:57
change in market
share possibility<00:00:58.239> number <00:00:58.380> two <00:00:59.000>you - 00:59
possibility number
two you - 00:59
possibility number
two you increase<00:00:59.800> your <00:00:59.970> price <00:01:00.510>and <00:01:00.750>the - 01:00
increase your
price and the - 01:00
increase your
price and the other<00:01:00.970> guy <00:01:01.100> decreases <00:01:02.070>his <00:01:02.250> price - 01:02
other guy decreases his price - 01:02
other guy decreases his price now<00:01:03.030> customers <00:01:03.520> get <00:01:03.829> the <00:01:03.920>same <00:01:04.250> thing - 01:04
now customers
get the same thing - 01:04
now customers
get the same thing for<00:01:04.839> cheaper <00:01:05.220> across <00:01:05.590>the <00:01:05.729> street - 01:05
for cheaper
across the street - 01:06
for cheaper
across the street value - 01:06
value - 01:06
value I<00:01:07.260> Cup - 01:09
I Cup - 01:09
I Cup possibility<00:01:10.690> number <00:01:10.820> three <00:01:11.420>you - 01:11
possibility number
three you - 01:11
possibility number
three you decrease<00:01:12.350> your <00:01:12.580> price: - 01:12
decrease your
price: - 01:13
decrease your
price: and <00:01:13.450> the <00:01:13.520> other <00:01:13.780> guy <00:01:14.240>increases <00:01:14.960>his - 01:14
and the other guy increases his - 01:15
and the other guy increases his price<00:01:15.490> in <00:01:15.650>while <00:01:15.860>the <00:01:15.960>exact - 01:15
price in while the exact - 01:16
price in while the exact opposite - 01:16
opposite
- 01:16
opposite now
<00:01:17.310> you're <00:01:17.600>gonna <00:01:17.830> clean <00:01:18.170>up <00:01:18.530>last - 01:19
now
you're gonna clean up last - 01:19
now
you're gonna clean up last possibility - 01:19
possibility
- 01:20
possibility
often<00:01:20.820> you <00:01:20.970>decrease <00:01:21.460>your <00:01:21.700>prices - 01:22
often you decrease your prices - 01:22
often you decrease your prices another <00:01:23.409> lot <00:01:23.950>the <00:01:24.610> using <00:01:25.030>game - 01:25
another lot the using game - 01:25
another lot the using game theory - 01:25
theory
- 01:25
theory
and<00:01:26.080> is <00:01:26.159>simplified <00:01:26.720>example <00:01:27.290> maybe - 01:27
and is simplified example maybe - 01:27
and is simplified example maybe a<00:01:27.750> little <00:01:27.940>common <00:01:28.370>sense - 01:28
a little common sense
- 01:28
a little common sense
you<00:01:29.140> determine <00:01:29.710>that <00:01:29.909>if <00:01:30.049>your - 01:30
you determine that if your - 01:30
you determine that if your competitor<00:01:30.820> raises <00:01:31.460> his <00:01:31.619>prices <00:01:31.680> in - 01:31
competitor raises
his prices in - 01:32
competitor raises
his prices in you<00:01:32.420> lower <00:01:32.830>your <00:01:33.180> risk - 01:33
you lower your risk - 01:33
you lower your risk will <00:01:33.920> be <00:01:34.049> done <00:01:34.350>and <00:01:34.479>dusted - 01:34
will be done and dusted - 01:35
will be done and dusted more<00:01:35.520> emails <00:01:35.820>with <00:01:35.990> him <00:01:36.380>okay <00:01:39.189> art <00:01:39.530>it - 01:39
more emails with him okay art it - 01:39
more emails with him okay art it works<00:01:40.250> in <00:01:40.350>economics <00:01:40.969>there <00:01:41.030> what - 01:41
works in economics there
what - 01:41
works in economics there
what about <00:01:41.399> robotics - 01:42
about
robotics - 01:42
about
robotics oh <00:01:42.729> yeah <00:01:43.140>well <00:01:43.539>won't <00:01:43.759>be <00:01:43.890>long - 01:43
oh
yeah well won't be long - 01:44
oh
yeah well won't be long before<00:01:44.210> the <00:01:44.520>uprising <00:01:45.250> wilshire - 01:45
before the uprising
wilshire - 01:45
before the uprising
wilshire robot<00:01:46.470> to <00:01:46.570>get <00:01:46.759>more <00:01:47.000> and <00:01:47.060>more - 01:47
robot to get more and more - 01:47
robot to get more and more lifelike<00:01:47.890> how's <00:01:48.220>your <00:01:48.439>reading <00:01:48.810>I'm - 01:48
lifelike how's your reading I'm - 01:49
lifelike how's your reading I'm currently - 01:49
currently - 01:49
currently it's<00:01:51.060> because <00:01:51.390> engineered <00:01:51.899>for - 01:51
it's because engineered for - 01:51
it's because engineered for programming <00:01:52.549> done <00:01:52.829> with <00:01:52.990>game - 01:52
programming
done with game - 01:53
programming
done with game theory<00:01:53.549> so <00:01:53.799>when <00:01:53.979>the <00:01:54.049> robots <00:01:54.500>common - 01:54
theory so when the robots common - 01:55
theory so when the robots common good <00:01:55.179> luck <00:01:55.369>to <00:01:55.490>you - 01:55
good luck to you - 01:55
good luck to you in<00:01:56.439> theory <00:01:56.689>is <00:01:56.789> using <00:01:57.310> philosophy <00:01:57.860> to - 01:57
in theory is using philosophy to - 01:58
in theory is using philosophy to help<00:01:58.259> explain <00:01:58.530>why <00:01:58.770>people <00:01:59.060>act <00:01:59.450> the - 01:59
help explain why people act the - 01:59
help explain why people act the way<00:01:59.610> they <00:01:59.789>do - 02:01
way they do - 02:02
way they do in<00:02:02.450> biology <00:02:02.980> to <00:02:03.130>get <00:02:03.290>a <00:02:03.330>handle <00:02:03.680>on - 02:03
in biology
to get a handle on - 02:03
in biology
to get a handle on where<00:02:04.050> the <00:02:04.190> eight <00:02:04.360>went <00:02:04.660>wrong <00:02:04.960>and - 02:04
where the
eight went wrong and - 02:05
where the
eight went wrong and evolved<00:02:05.550> into - 02:05
evolved into - 02:06
evolved into us <00:02:06.760> but <00:02:07.250>and <00:02:09.450>an <00:02:09.540>israeli <00:02:09.960> in <00:02:10.060>other - 02:10
us but and an israeli in other - 02:10
us but and an israeli in other fields - 02:10
fields - 02:10
fields now <00:02:11.940> so <00:02:12.090>we <00:02:12.220>welcome <00:02:12.570>game <00:02:12.800>theory - 02:12
now so we welcome game theory - 02:13
now so we welcome game theory with<00:02:13.660> open <00:02:13.960>arms - 02:14
with open arms
- 02:14
with open arms
just<00:02:14.990> don't <00:02:15.080> do <00:02:15.220>the <00:02:15.360>same <00:02:15.590> for <00:02:15.800> the - 02:15
just don't do the same for the - 02:16
just don't do the same for the robots - 02:23
robots - 02:23
robots wanted<00:02:24.130> the <00:02:24.240> ball <00:02:24.370>flow <00:02:24.680>sale <00:02:25.060> was - 02:25
wanted the ball flow sale was - 02:25
wanted the ball flow sale was son<00:02:25.730> as <00:02:25.880>he <00:02:26.000>left <00:02:26.280>for <00:02:26.520> school - 02:27
son as he left for school - 02:27
son as he left for school by<00:02:28.000> Sun <00:02:28.880>a <00:02:30.140>bad <00:02:30.560>job <00:02:30.850>but <00:02:30.970>if <00:02:31.040>you - 02:31
by Sun a bad job but if you - 02:31
by Sun a bad job but if you survived <00:02:31.670> how <00:02:31.890>bout <00:02:32.110> clicking <00:02:32.500>the - 02:32
survived how bout clicking the - 02:32
survived how bout clicking the subscribe<00:02:32.890> button <00:02:33.460> below - 02:33
subscribe button
below - 02:34
subscribe button
below and<00:02:34.760> if <00:02:34.830>you're <00:02:34.930>looking <00:02:35.250>for <00:02:35.340>more - 02:35
and if you're looking for more
- 02:35
and if you're looking for more jobs<00:02:35.710>
from <00:02:35.960> yours <00:02:36.420>truly <00:02:36.540>why <00:02:36.950>not - 02:36
jobs from
yours truly why not - 02:37
jobs from
yours truly why not check<00:02:37.340> out <00:02:37.600>our <00:02:37.700> website <00:02:38.000>at <00:02:38.290>every - 02:38
check out our
website at every - 02:38
check out our
website at every day <00:02:38.670> baby <00:02:39.000> shmup <00:02:39.460>dot <00:02:39.720> com - 02:39
day
baby shmup dot com - 02:40
day
baby shmup dot com if<00:02:40.580> you <00:02:40.660> want <00:02:40.830>to <00:02:40.890> get <00:02:40.950>updates <00:02:41.440>on - 02:41
if you
want to get updates on - 02:41
if you
want to get updates on what's <00:02:41.820> new <00:02:42.050>well <00:02:42.280> check <00:02:42.600>us <00:02:42.710>out <00:02:42.950>on - 02:42
what's
new well check us out on - 02:43
what's
new well check us out on Facebook<00:02:43.530> and <00:02:43.660> <00:02:43.910> to - 02:43
Facebook and
to - 02:44
Facebook and
to ok - 02:45
ok - 02:46
ok home - 02:49
home - 02:49
home please <00:02:50.120> check <00:02:50.350> our <00:02:50.480>the
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