4 lesson from game theory
1. never play a dominated strategy
2. rational thinking lead to bad outcome
3. you cant get what you wants if you dont know what your goal are.
4. Think in other shoes
Targeting on Household Income Doesn't Make Sense and Has to Go
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The Malaysian government's policies on social welfare has been for the past
decade been anchored on household income categories. We've become used to
talki...
1 year ago
1 comment:
1. if strictly dominated, yes
2. only when the other person is also rational, then will lead to nash equilibrium
3. not sure
4. prisoners' dilemma
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