2min chapter

Sean Carroll's Mindscape: Science, Society, Philosophy, Culture, Arts, and Ideas cover image

164 | Herbert Gintis on Game Theory, Evolution, and Social Rationality

Sean Carroll's Mindscape: Science, Society, Philosophy, Culture, Arts, and Ideas

CHAPTER

The Nash Equilibrium Problem

If we both put out the same number of fingers, you win. If we put out different numbers of fingers, i win. How do you play the game? Well, the notch equilibrium is you play 50 50. In any one instance, it doesn't matter what they do. The people who play 50 50, in the long run, do better, so they evolve. And cso princes, if you have a whole bunch of people playing it, one finger, two fingers, throwing fingers, they will evolve towards 50, fiftyy.

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