AI Snips
Chapters
Transcript
Episode notes
Boxing Illustrates Strategic Thinking
- Betsy describes sparring versus hitting a punching bag to illustrate strategy differences.
- Sparring forces you to anticipate an opponent's moves and think multiple steps ahead.
Four Steps To Think Strategically
- Game theory applies when your best choice depends on others' choices.
- Use four steps: list outcomes, consider what-ifs, choose best responses, and take the other's perspective.
Bonnie And Clyde Prisoner Story
- The hosts tell the classic Bonnie and Clyde prisoner's dilemma story to show cooperation failure.
- They face choices to deny or confess with different jail-time payoffs depending on the other's move.