> Game theory rises to the level of Solomon. Has it ever failed?
There’s a reason we study the Prisoner’s dilemma and its failure modes.
With regards to the cake example more specifically, what makes it somewhat trivial is that the state of the world is fully observable, utilities are easily computable (volume of cake), etc.
There’s a reason we study the Prisoner’s dilemma and its failure modes.
With regards to the cake example more specifically, what makes it somewhat trivial is that the state of the world is fully observable, utilities are easily computable (volume of cake), etc.