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#250: The Art of Strategy

The Art of Manliness

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What Is the Nash Equilibrium?

If there's a dominant strategy, then life is easy because it says whatever I think the other person is doing doesn't matter. And so that allows me a real cheat out of this Gordian knot. There aren't that many games where there really is a dominant strategy. So we have to more often than not refer back to a Nash equilibrium to get a better sense of how we should play the game.

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