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Travelers' dilemma - related to Prisoners Dilemma

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Travelers' dilemma - related to Prisoners Dilemma

Postby k3nt » Fri May 25, 2007 11:21 am

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Postby oatmealforxmas » Fri May 25, 2007 11:42 am

[12:17] heat517163: i won 26k last month
[12:17] heat517163: and havent bought ANYTHING
[12:17] heat517163: not one thing
[12:17] heat517163: i almost bought a few shirts
[12:17] heat517163: but monicas like
[12:17] heat517163: "you dont need more clothes"
[12:17] heat517163: meh
[12:17] oatsforxmas: ha
[12:17] heat517163: wanted funny shirts
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Postby Nortonesque » Fri May 25, 2007 1:14 pm

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Postby oatmealforxmas » Fri May 25, 2007 2:57 pm

Uhm I understand what you are saying, but I still don't think its logical. Check it out:

If I pick 100, and he picks 99, he gets 101 and I get 99. There is no reason to pick 98 because the maximum is still 100. I can see an argument for picking 99 or 100 but no less.

If you pick 2, the max you can get is 4. This is obviously illogical. Think in terms of expected value pls.
[12:17] heat517163: i won 26k last month
[12:17] heat517163: and havent bought ANYTHING
[12:17] heat517163: not one thing
[12:17] heat517163: i almost bought a few shirts
[12:17] heat517163: but monicas like
[12:17] heat517163: "you dont need more clothes"
[12:17] heat517163: meh
[12:17] oatsforxmas: ha
[12:17] heat517163: wanted funny shirts
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Postby Nortonesque » Fri May 25, 2007 3:23 pm

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Postby NorthView » Fri May 25, 2007 4:11 pm

Mon May 12, 2008 1:46 am
When I play a patient and relaxed game I win - that simple.

Mon May 12, 2008 10:55 pm
Seriously, fuck poker.
==================================================================

[21:03] NorthViewBTP: mac is a fellow mexican
[21:03] Mekosking: yup
[21:03] NorthViewBTP: you should support your bro
[21:03] Mekosking: therefore hes a fat worthless tsr obv
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Postby oatmealforxmas » Fri May 25, 2007 6:08 pm

[12:17] heat517163: i won 26k last month
[12:17] heat517163: and havent bought ANYTHING
[12:17] heat517163: not one thing
[12:17] heat517163: i almost bought a few shirts
[12:17] heat517163: but monicas like
[12:17] heat517163: "you dont need more clothes"
[12:17] heat517163: meh
[12:17] oatsforxmas: ha
[12:17] heat517163: wanted funny shirts
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Postby black_knight6 » Fri May 25, 2007 6:16 pm

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Postby TightWad » Fri May 25, 2007 6:24 pm

Hold up a sec.

HOLD UP...

What's an integer?
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Postby Schuster » Fri May 25, 2007 11:07 pm

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Postby Nortonesque » Sat May 26, 2007 1:35 am

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Postby oatmealforxmas » Sat May 26, 2007 2:14 am

[12:17] heat517163: i won 26k last month
[12:17] heat517163: and havent bought ANYTHING
[12:17] heat517163: not one thing
[12:17] heat517163: i almost bought a few shirts
[12:17] heat517163: but monicas like
[12:17] heat517163: "you dont need more clothes"
[12:17] heat517163: meh
[12:17] oatsforxmas: ha
[12:17] heat517163: wanted funny shirts
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Postby Zmej » Sat May 26, 2007 5:25 am

"#3 pencils and quadrille pads."
- Seymoure Cray (1925-1996) when asked what CAD tools he used to design the Cray I supercomputer; he also recommended using the back side of the pages so that the grid lines were not so dominant.

"Interesting - I use a Mac to help me design the next Cray."
- Seymoure Cray (1925-1996) when he was told that Apple Inc. had recently bought a Cray supercomputer to help them design the next Mac.
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Postby k3nt » Sat May 26, 2007 10:18 am

If you make the penalty even just $15-$20, it quickly becomes clear that you want to move down the scale pretty fast. I agree it's highly counterintuitive with a penalty at just $2.
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Postby Bosox1 » Wed May 30, 2007 7:58 am

"No, 'The stripper's bouncer beat the shit out of me' is not an acceptable answer"
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