Speakeasy conversation about strategy, competition, economics, history, and policy from two non-experts. The episodes include some actual economic Game Theory such as the Prisoner's Dilemma, the Traveler's Dilemma, and the Public Good game. Episodes also include conversations on dilemmas in TV/Movies, sports, and board/card games, as well as the history of military, intelligence (spies), politics, and economics. The objective is simply to think critically about how people make strategic choices regarding the world around them and most importantly, about the people around them.
119. Is Being Too Efficient At Your Job Bad? And How to Have Health Work Habits
Summary
In this episode, Nick and Chris discuss the efficiency paradox, where being good at your job can actually hinder your chances of getting promoted. They share examples from various industries, including eye surgery and software engineering, where employees who excel at their work are often rewarded with more work instead of promotions or recognition.
They emphasize the importance of not making yourself irreplaceable and creating a single point of failure. The episode also touches on the concept of setting expectations and managing perceptions to advance in your career.
In this conversation, Nick and Chris discuss the importance of finding the right balance between maximum effort and minimal effort in the workplace. They explore the concept of the 85% rule, which suggests that putting in 85% effort consistently can lead to better results and prevent burnout.
They also touch on the significance of soft skills and building a good relationship with your boss. The conversation concludes with a discussion on the value of preparation and how it can impact performance in various fields, such as blind wine tasting and chess.
Chapters:
00:00 Introduction and Breaking News
03:02 The Efficiency Paradox: Being Good at Your Job vs. Getting Promoted
09:57 The Chase Money Glitch and Other Examples
13:59 Office Space and The Office: Depicting Workplace Realities
19:07 The Importance of Setting Expectations and Managing Perceptions
23:02 Avoiding the Single Point of Failure and Advancing in Your Career
26:12 Recommendations for Getting Promoted
26:49 Introduction: From Wine to Hawaiian and Viticulture
27:36 Promotion and Replacing Employees
28:13 The Benefits of Working for a Large Corporation
29:23 The Greatest Walmart and Subway Stories
31:23 The Importance of Bosses and Recognition
32:22 The 85% Rule: Finding the Balance in Workplace Effort
36:19 Soft Skills and Building Relationships with Your Boss
38:22 The Value of Preparation in Performance
43:41 Achieving Success with 85% Effort
53:53 Conclusion: Episode Titles and Arrays
9/11/2024 • 55 minutes, 53 seconds
118. Shrinkflation; Skimpflation & The Downfall of Subway
At a glance:
Takeaways
Shrinkflation is the process of products decreasing in size or quality while maintaining the same price.
Examples of shrinkflation include smaller food packages and thinner burger patties.
Ben and Jerry's faced tax issues in Canada due to downsizing their ice cream pints.
Skimpflation refers to a decrease in product quality for the same price.
Shrinkflation impacts consumer experiences and the economy. Shrinkflation and skimflation are common practices where companies reduce the size or quality of products while maintaining the same price.
Examples include Ben & Jerry's reducing ice cream container sizes and Chipotle decreasing portion sizes.
Measuring skimflation can be challenging, as it often involves changes in product quality that are not easily quantifiable.
Companies like McDonald's and Subway are facing declining sales and customer frustration due to high prices and lack of value.
Businesses should focus on providing quality products at affordable prices to meet customer expectations and drive sales.
In this episode, we explore the concept of shrinkflation, where products decrease in size or quality while maintaining the same price. They provide examples of shrinkflation, such as smaller food packages and thinner burger patties. The hosts also mention Ben and Jerry's involvement in shrinkflation and how it led to tax issues in Canada.
They touch on the related concept of skimpflation, where the quality of a product decreases for the same price. Overall, the conversation highlights the impact of shrinkflation on consumer experiences and the economy. The conversation explores the concepts of shrinkflation and skimflation, which refer to the practice of reducing the size or quality of products while maintaining the same price.
Examples are given, such as Ben & Jerry's reducing the size of their ice cream containers and Chipotle decreasing the portion sizes of their meals.
The discussion also touches on the challenges of measuring skimflation and the impact it has on consumers. McDonald's and Subway are highlighted as examples of companies facing declining sales and customer frustration due to high prices and lack of value. The conversation concludes with the importance of businesses focusing on providing quality products at affordable prices.
Chapters:
00:00 Introduction and Casual Chat
02:57 The Decline of Dating Apps
11:16 Introduction to Shrinkflation
17:30 Examples of Shrinkflation
21:44 Ben and Jerry's Involvement in Shrinkflation
24:22 Skimpflation: Decrease in Quality
25:01 Impact of Shrinkflation on Consumers and the Economy
31:38 Examples of Shrinkflation and Skimflation
36:32 Challenges in Measuring Skimflation
39:42 Impact of Shrinkflation and Skimflation on Consumers
45:07 Struggles of McDonald's and Subway
48:25 The Importance of Providing Value to Customers
8/29/2024 • 54 minutes, 17 seconds
117. Black Swans - What Are They? What Do They Mean? Can You Prepare for Them?
In this episode, Nick and Chris discuss black swan events, which are rare and unpredictable events with significant consequences.
They explore the criteria for a black swan event and provide examples such as the 2008 financial crisis and the 9/11 terrorist attacks. They also discuss the predictability of these events and the impact they have on society and the global order.
The conversation explores the concept of black swan events and their impact on history and society. It discusses various examples of black swan events, including the South Sudan basketball team playing the wrong national anthem, the 9/11 terrorist attacks, and the COVID-19 pandemic.
The conversation also touches on the US intelligence community's Global Trends reports, which predict future trends and potential black swan events. It concludes with a discussion on the limitations of predicting and preparing for black swan events.
Chapters
00:00 Introduction and Multilingual Podcast
01:17 Marvel Casting Robert Downey Jr.: A Cry for Help?
06:16 The Concept of Black Swan Events
14:09 Examples of Black Swan Events: 2008 Financial Crisis
19:00 Nassim Nicholas Taleb's Definition of Black Swan Events
23:45 9/11: A Black Swan Event
28:03 Introduction to Black Swan Events
29:58 Examples of Black Swan Events
36:29 The Role of US Intelligence in Predicting Black Swan Events
45:19 Geomagnetic Storms and Other Potential Black Swan Events
47:42 The Consequences of US Disengagement
8/1/2024 • 55 minutes, 30 seconds
Short Selling & Squeezing - Billionaire Feuds; Meme Stocks & Movies
In this episode, the hosts discuss short selling and short squeezes in the stock market.
They provide examples from movies like 'The Big Short' and 'Casino Royale' to explain the concept of short selling. They also explain the mechanics of short selling, including opening a brokerage account, borrowing stocks, and monitoring account equity.
The hosts mention the GameStop short squeeze as an example of how short selling can backfire. They emphasize the potential for making a profit through short selling, but also the risks involved. In this conversation, the hosts discuss the real-life example of short squeezing in the case of Herbalife and the famous battle between Bill Ackman and Carl Icahn.
They explain the concept of short selling and short squeezes, highlighting the risks and complexities involved. They also touch on the role of activist investors and the moral implications of short selling.
The hosts emphasize the excitement and addictive nature of short squeezing, but caution against the high risks involved. They conclude by discussing the historical origins of short selling and its impact on financial crises.
Short selling involves betting against a stock and profiting from its decline in value.
IN THIS EPISODE:
The mechanics of short selling include opening a brokerage account, borrowing stocks, and monitoring account equity.
Short selling can be profitable, but it also carries risks and can backfire, as seen in the GameStop short squeeze.
Movies like 'The Big Short' and 'Casino Royale' provide examples of short selling in different contexts. Short squeezing involves betting against a stock and profiting from its increase in value, often driven by investor behavior.
Short selling is a risky and complex practice that can have significant consequences for both short sellers and the companies involved.
Activist investors play a role in short squeezes by buying stakes in companies and attempting to change their direction or value.
Short selling has a long history, dating back to the 17th century, and has been associated with financial crises throughout history.
While short squeezing can be exciting, it is important to understand the risks and complexities involved before getting involved in such practices.
Chapters
00:00 Introduction and Haircut News
03:12 Discussion on Summer Weather
06:48 Introduction to Short Selling and 'The Big Short'
10:08 Short Selling in 'Casino Royale'
15:18 Mechanics of Short Selling
19:10 Short Selling Strategies and Risks
21:47 GameStop Short Squeeze
25:58 Understanding Short Selling and Short Squeezes
28:30 The Fundamentals of Stock Behavior
31:51 The Mechanics of a Short Squeeze
39:14 The Role of Company Success in Short Squeezes
47:20 The Historical Origins of Short Selling
7/25/2024 • 50 minutes, 29 seconds
Catching Up & The State of Podcasts - Why Your Favorite Podcast MAY Be In Trouble
We're back. Sorry - We y'all too.
7/17/2024 • 43 minutes, 49 seconds
114. Why You Can't Get a Restaurant Reservation - Bot's May Have Something to Do With It
Summary
In this episode, the hosts discuss various topics including Chris' recent wedding, changes in Adobe's terms and conditions, and the practice of scalping restaurant reservations. They explore the implications of Adobe's attempt to own the intellectual property of content created on their software and the backlash they faced.
They also delve into the phenomenon of scalping restaurant reservations and the emergence of platforms like Appointment Trader. The hosts share their thoughts on the ethics of scalping and the separation of wealth in society.
The conversation explores the concept of trading reservations and the implications of the gig economy on various industries. It discusses how the gig economy has changed the way people interact with services like Airbnb and restaurant reservations.
The conversation also delves into the ethics and legality of selling reservations for public goods like campsites and hunting tags. The hosts share their opinions on different aspects of the gig economy, including the use of bots to book reservations and the impact of COVID-19 on dining experiences.
Takeaways
Adobe faced backlash for attempting to own the intellectual property of content created on their software
The emergence of platforms like Appointment Trader has made it possible to scalp restaurant reservations
The ethics of scalping reservations and the separation of wealth in society are topics of debate
AI technology and its potential impact on society is a recurring theme in the conversation The gig economy has transformed the way people interact with services like Airbnb and restaurant reservations.
The ethics and legality of selling reservations for public goods like campsites and hunting tags are debated.
The use of bots to book reservations and the impact of COVID-19 on dining experiences are discussed.
There is a need to strike a balance between ensuring equal access to public goods and allowing businesses to profit from their services.
00:00 Chris' Wedding and Congratulations
03:01 Controversy over Adobe's Terms and Conditions
06:30 The Impact of AI on Society
14:16 The Rise of Restaurant Reservation Scalping
22:49 The Impact of the Gig Economy
26:21 The Use of Bots and the Impact of COVID-19
29:38 Ethics and Legality of Selling Reservations for Public Goods
36:28 Balancing Access and Profit in the Reservation Market
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6/27/2024 • 53 minutes
113. The Texas Sharpshooter Fallacy & Confirmation Bias - Facts to Suit Theories Instead of Theories to Suit Facts
In this episode, the hosts discuss the Texas Sharpshooter Fallacy, which is when outcomes are analyzed out of context, giving the illusion of causation rather than attributing the outcome to chance.
They provide examples of this fallacy, such as the alcohol industry pushing back on labels that state alcohol causes cancer.
They also touch on the narcissist's prayer, which is a chain of denial used to avoid responsibility.
The hosts mention the connection between this fallacy and confirmation bias, as people tend to seek out information that supports their existing narrative.
They also hint at the role of conspiracy-minded thinking in this fallacy.
The conversation explores the concept of the Texas Sharpshooter Fallacy and its application in various contexts. It begins with a discussion on Venn diagrams and the history of their invention by John Venn.
The hosts then delve into the Texas Sharpshooter Fallacy, which involves drawing conclusions based on selective data. They provide examples of how this fallacy is used in various fields, including stock market analysis and conspiracy theories.
The conversation concludes with a tribute to Charles Mattson Love, an expert on Easter Island, who appeared on the show Ancient Aliens.
Chapters
00:00
Introduction and Apology for Missing Last Week
06:32 Explanation of the Texas Sharpshooter Fallacy
13:49 Confirmation Bias and the Fallacy
21:46 The Alcohol Industry and the Fallacy
24:03 The Texas Sharpshooter Fallacy: Drawing Conclusions from Selective Data
27:45 Applying the Texas Sharpshooter Fallacy in the Stock Market and Conspiracy Theories
38:42 Differentiating Between Logical Fallacies and Disagreements
41:34 Nostalgia and the Creation of False Equivalences
45:18 The Advanced Achievements of Ancient Civilizations
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5/22/2024 • 53 minutes, 44 seconds
112. Sell in May & Go Away -- Chicken or the Egg?
In this episode, the hosts discuss the adage 'sell in May and go away' and its implications for the stock market. They explore the historical underperformance of the stock market during the summer months and the potential reasons behind it.
They also touch on the impact of the presidential election cycle on stock market performance. The hosts caution that they are not offering financial advice and emphasize the importance of conducting thorough research before making investment decisions.
The conversation explores the concept of 'Sell in May and go away,' which suggests that investors should sell their stocks in May and re-enter the market in October. The hosts discuss the historical data and theories behind this strategy, including the sell-off before summer vacations and the cyclical nature of the stock market.
They also touch on the influence of cultural factors and the limitations of using past performance as an indicator of future results. The conversation highlights the importance of considering other factors and making informed investment decisions.
Takeaways
The adage 'sell in May and go away' suggests that the stock market tends to underperform during the summer months.
Historical data shows that the stock market has lower average returns from May to October compared to November to April.
Presidential election years may see higher stock market returns during the summer months.
The housing market and the academic calendar may contribute to the underperformance of the stock market in the summer.
It is important to conduct thorough research and seek professional advice before making investment decisions. The 'Sell in May and go away' strategy suggests selling stocks in May and re-entering the market in October.
The strategy is based on historical data and theories, such as the sell-off before summer vacations and the cyclical nature of the stock market.
Cultural factors and regional differences may influence the effectiveness of the strategy.
Using past performance as the sole indicator of future results is not reliable, and other factors should be considered.
Making informed investment decisions requires analyzing multiple factors and understanding the limitations of certain strategies.
Chapters
00:00 Introduction to the 'Sell in May and Go Away' Adage
06:33 Elon Musk's Controversial Battery Range Lock
10:24 Understanding the Underperformance of the Stock Market in the Summer
21:39 The Impact of Presidential Election Years on Stock Market Performance
25:07 The Importance of Conducting Thorough Research Before Making Investment Decisions
26:34 Understanding the 'Sell in May and go away' Strategy
27:47 Exploring the Effect in the Southern Hemisphere
28:02 The Myth of Flushing Direction and Investment Strategy
29:07 Considering Other Factors in Investment Decisions
31:23 The Influence of Vibes and Cultural Factors
35:29 The Importance of Informed Investment Decisions
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5/10/2024 • 52 minutes
111. Recruiting Games: Companies Are Recruiting Earlier; Why Game Play Can Help Find Talent
In this episode, the guys talk about how early major firms are beginning their recruiting process and whether it's possible for game theory to apply to the hiring process.
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5/2/2024 • 54 minutes, 46 seconds
110. Pizza Meter - How Pizza Orders Predict War & Waffle House Index - They Unofficial FEMA Designation
Summary
The conversation discusses the concept of the pizza meter, which suggests that an increase in pizza orders from government buildings can be indicative of important political or military events.
The pizza meter has been observed to predict events such as the invasion of Grenada and Panama. The Pentagon has attempted to combat the pizza meter by sending aides out to physically get pizzas and mixing up the orders.
However, the pizza meter remains a popular and intriguing phenomenon. The conversation also touches on the nostalgia and romance associated with pizza, as well as its role in social gatherings and workplace celebrations.
The conversation explores the concept of the pizza meter and its potential implications for national security. It discusses how the frequency of pizza orders to the Pentagon can inadvertently reveal sensitive information to adversaries.
The conversation also touches on other food-related metrics, such as the Waffle House index and the stripper index, which can provide insights into the state of the economy.
The hosts emphasize the importance of paying attention to local knowledge and intuition in understanding societal trends and potential crises.
Takeaways
The pizza meter suggests that an increase in pizza orders from government buildings can be indicative of important political or military events.
The pizza meter has been observed to predict events such as the invasion of Grenada and Panama.
The Pentagon has attempted to combat the pizza meter by sending aides out to physically get pizzas and mixing up the orders.
Pizza holds a nostalgic and romantic appeal, and it plays a role in social gatherings and workplace celebrations. The frequency of pizza orders to the Pentagon can inadvertently reveal sensitive information to adversaries.
Food-related metrics like the Waffle House index and the stripper index can provide insights into the state of the economy.
Paying attention to local knowledge and intuition can help understand societal trends and potential crises.
The hosts highlight the importance of diversifying pizza orders to maintain operational security.
Chapters
00:00 Introduction and Discussion of Food
10:28 The Pizza Meter and its Predictive Power
16:20 The Pentagon's Attempt to Combat the Pizza Meter
36:43 Food as Indicators: Waffle House Index and Stripper Index
45:24 The Value of Local Knowledge and Intuition
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4/26/2024 • 47 minutes, 30 seconds
109. Spotify's Stream Farm Problem & Amazon's Fake Walk-Out Stores
Summary
The conversation explores the fraudulent practices of buying followers and streams in the music industry and social media platforms.
It discusses the incentives for marketing firms to manipulate engagement numbers and the challenges of creating a level playing field.
The conversation also touches on the impact of these practices on the broader public and the difficulty in distinguishing between real engagement and bot activity. The episode highlights the need for platforms to crack down on these fraudulent practices and the potential financial losses for artists and the industry.
In this conversation, the hosts discuss various topics including the decline in the number of teenagers getting driver's licenses, the decrease in sexual activity among teenagers and adults, Amazon's use of workers in India to monitor its just walk out stores, and the manipulation of streaming numbers on platforms like Spotify and TikTok.
They also touch on the formula for writing a popular pop song and the prevalence of content farms and click farms. The hosts express their fascination with these topics and speculate on the future of these issues.
Keywords
fraudulent practices, buying followers, buying streams, music industry, social media platforms, marketing firms, engagement numbers, level playing field, bot activity, driver's licenses, decline, teenagers, sexual activity, Amazon, just walk out stores, India, streaming numbers, Spotify, TikTok, pop songs, content farms, click farms
Takeaways
Fraudulent practices of buying followers and streams are prevalent in the music industry and social media platforms.
Marketing firms manipulate engagement numbers to guarantee results, creating an artificial advantage and raising the bar for competitors.
Distinguishing between real engagement and bot activity is challenging, leading to an unequal playing field.
These practices have broader implications for the public, as the internet becomes inundated with artificial engagement.
Platforms need to crack down on fraudulent practices to protect artists and maintain the integrity of the industry. The number of teenagers getting driver's licenses has declined significantly over the years.
There has been a decrease in sexual activity among teenagers and adults.
Amazon's just walk out stores rely on workers in India to monitor customer behavior.
Streaming platforms like Spotify and TikTok have been accused of manipulating streaming numbers.
There is a formula for writing a popular pop song.
Content farms and click farms are prevalent in the digital world.
Titles
The Impact on the Public: Navigating the Dead Internet
Cracking Down on Fraud: Protecting Artists and the Industry The Decrease in Sexual Activity
The Formula for Writing a Popular Pop Song
Sound Bites
"They're just pressing play over and over and over again."
"They can guarantee a minimum amount of streaming increase and a minimum amount of sales increase."
"It's impossible to put artists on an equal footing with each other or record labels on an even footing with each other."
"Driver's license was where she broke up with a guy and just kept driving past his house. And like, who doesn't relate to that, you know? Like, who doesn't relate to that?"
"So in 95, two thirds of American teenagers 16 to 19 had driver's licenses. And today it's less than half."
"People have been having less sex, whether they're teenagers or 40-somethings. It's just having less."
Chapters
00:00 Introduction and Personal Updates
09:06 Unveiling the Fraud: Buying Followers and Streams
26:09 The Impact on the Public: Navigating the Dead Internet
38:00 Amazon's Use of Workers in India for Just Walk Out Stores
47:31 The Prevalence of Content Farms and Click Farms
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4/18/2024 • 50 minutes, 20 seconds
AI-Generated Content: Sports Illustrated's Scandal; Gothika Cover; The Library of Babel
Summary
In this conversation, the hosts discuss various topics, including the New York State salary listing requirement, the impact of AI on creative expression, the importance of a paper co-authored by prominent thinkers in foreign policy, the revolutionary change brought about by nuclear weapons, and the use of AI in music and art.
They also explore the automation of mundane processes, the joy of buying books, AI-generated book covers, and the romanticization of everyday life through AI-generated images. The conversation concludes with a discussion on a potential strike in Hollywood and the reputability of sources.
Takeaways
New York State requires employers to list the salary for every job posting on the internet.
AI is efficient at making associations and correlations but lacks the ability to generate ideas.
AI has had a profound impact on scientific writing and publications.
AI can automate mundane processes and speed up tasks that require intellectual capital.
AI-generated book covers and images raise questions about the loss of artistic expression.
AI-generated music and art have both positive and negative implications.
The hosts express their love for buying books and the joy of owning them.
The conversation touches on the potential strike in Hollywood and the reputability of sources.
Sound Bites
Chapters
00:00
Introduction and Celebration
02:10 New York State Salary Listing Requirement
03:00 Excitement for Future Topics
04:07 Predictability and Clip Reappearance
05:10 AI and Creative Expression
07:00 Prominent Thinkers in Foreign Policy
09:04 Importance of the Paper
11:38 Revolutionary Change of Nuclear Weapons
12:35 AI as Mathematical Correlations
14:15 AI and Music
15:23 AI's Impact on Scientific Writing
15:54 Automating Mundane Processes
18:03 AI-Generated Book Covers
19:50 AI-Generated Music and Art
22:01 AI's Impact on Artistic Expression
23:00 AI-Generated Images and Romanticization
24:06 AI-Generated Music Revisited
25:32 Player 3's Musical Preferences
26:09 Potential Strike in Hollywood
26:47 Reputability of Sources
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4/3/2024 • 1 hour, 1 minute, 33 seconds
107. John Von Neumann - Father of Game Theory, Nuclear Scientist, Super Genius
In this episode, Nick and Chris discuss their hiatus and receive feedback on their Match Day episode. They then introduce John von Neumann, a mathematician, physicist, computer scientist, and polymath who made significant contributions to game theory.
We discuss his biography, academic career, and collaborations with other intellectual giants. They highlight his work on the Manhattan Project and his obsession with game theory.
The episode concludes with a humorous anecdote about von Neumann's clap back to his wife. This conversation explores the perspectives and contributions of John von Neumann, a mathematician and physicist known for his work in game theory and nuclear deterrence.
Von Neumann's view of chess as a well-defined form of computation is discussed, highlighting the distinction between strategy and tactics.
We also delves into the mechanical properties of the universe and the role of bluffing and deception in chess and real life. Von Neumann's life's work in game theory, including the mini max theory and the cake distribution problem, is explored.
Additionally, his involvement in missile development and his impact on national defense strategy are examined. The conversation concludes by addressing some unsavory aspects of von Neumann's life.
Takeaways
John von Neumann was a brilliant mathematician, physicist, and computer scientist who made significant contributions to game theory.
He collaborated with other intellectual giants, such as Einstein and Bohr, and played a key role in the Manhattan Project.
Von Neumann's work on game theory revolutionized the field and has applications in economics, decision-making, and military strategy.
His obsession with game theory led him to develop groundbreaking concepts and models.
Despite his brilliance, von Neumann had a humorous side, as seen in his clap back to his wife. Chess can be seen as a well-defined form of computation, while real life involves bluffing and deception.
Game theory provides a framework for decision-making and optimizing strategies in various situations.
Von Neumann's work in game theory and nuclear deterrence had a significant impact on national defense strategies.
The distinction between strategy and tactics is crucial in understanding complex systems and decision-making.
Von Neumann's contributions to mathematics and physics continue to shape our understanding of the world.
Chapters
00:00
Introduction and Welcome Back
01:04 Discussion on Medical Match Day
05:49 Feedback on Match Day Episode
07:11 Introduction to John von Neumann
09:17 Biographical Information on John von Neumann
11:31 Contributions of John von Neumann
20:27 Collaboration with Other Intellectual Giants
24:29 Casual Conversations with Einstein and Bohr
25:22 Obsession with Game Theory
26:15 Von Neumann's Clap Back
26:51 Von Neumann's Perspective on Chess and Games
27:43 The Intellectual Period and the Predictability of the Universe
29:06 Mechanical Properties of the Universe
30:03 Chess as a Well-Defined Form of Computation
31:28 Bluffing and Deception in Chess and Real Life
33:09 The Role of Game Theory in Decision-Making
34:35 Von Neumann's Life's Work: Mini Max Theory
37:07 The Cake Distribution Problem
41:57 Von Neumann's Work on Nuclear Deterrence
46:01 Von Neumann's Role in Missile Development
51:45 Von Neumann's Distinction Between Strategy and Tactics
57:23 Unsavory Aspects of Von Neumann's Life
Links:
John von Neumann Wiki: https://en.wikipedia.org/wiki/John_von_Neumann
Minimax Theorem: https://en.wikipedia.org/wiki/Minimax_theorem#cite_note-1
Theory of Games and Economic Behavior: https://press.princeton.edu/books/paperback/9780691130613/theory-of-games-and-economic-behavior
Klara Dan von Neumann: https://en.wikipedia.org/wiki/Kl%C3%A1ra_D%C3%A1n_von_Neumann#:~:text=Kl%C3%A1ra%20D%C3%A1n%20von%20Neumann%20(born,style%20code%20on%20a%20computer.
Reddit Thread on JVN's Contribution to the Nash Equilibrium https://www.reddit.com/r/math/comments/kkvz9e/how_exactly_did_nashs_paper_on_game_theory_differ/?rdt=62998&onetap_auto=true
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3/28/2024 • 59 minutes, 46 seconds
106. Blue Dot Effect & Negative Journalism; 'Insh*tification'; Why Everything Seems So Bad
In this episode, Nick and Chris various topics including the Atlanta Hawks' coin flip games, the Match Group lawsuit, Wendy's surge pricing, and the blue dot effect.
The blue dot effect refers to the phenomenon where people change their concept of something based on its prevalence.
This has implications for decision-making and perception. The hosts also explore the influence of media and news on people's biases and perceptions.
This conversation explores the power of negative news and the human tendency to impose meaning on ambiguous stimuli. It delves into the impact of social media algorithms and the dark side of platforms like TikTok.
The conversation also discusses the incentives of activism and the perceived worsening of the world.
Finally, it examines the inshitification of online platforms and offers solutions such as personal acknowledgment and empathy.
Links:
Nishith Goyal - Medium: https://medium.com/illumination/understanding-the-blue-dot-effect-the-hidden-bias-impacting-our-choice-441d6901a372
Negative News Headlines: https://www.vox.com/the-highlight/23596969/bad-news-negativity-bias-media
Blue Dot Effect Article:https://www.livescience.com/62962-blue-or-purple-dots-illusion.html
WSJ Video Investigation:
https://www.wsj.com/video/series/inside-tiktoks-highly-secretive-algorithm/investigation-how-tiktok-algorithm-figures-out-your-deepest-desires/6C0C2040-FF25-4827-8528-2BD6612E3796?adobe_mc=TS%3D1709163442%7CMCMID%3D56653084828899941945114323709949221977%7CMCORGID%3DCB68E4BA55144CAA0A4C98A5%40AdobeOrg&wsj_native_webview=android&ace_environment=androidphone%2Cwebview&ace_config=%7B%22wsj%22%3A%7B%22djcmp%22%3A%7B%22propertyHref%22%3A%22https%3A%2F%2Fwsj.android.app%22%7D%7D%7D
Takeaways
Negative news tends to garner more attention and provoke stronger physiological responses than positive or neutral news.
Humans have a natural tendency to impose meaning on ambiguous stimuli, such as seeing faces in inanimate objects.
Social media algorithms can reinforce negative perceptions and lead to unhealthy consumption habits, especially among vulnerable populations like teenagers.
Activism can be driven by a desire to perpetuate one's own status and prestige, leading to a constant search for problems to solve.
Online platforms often deteriorate in quality over time as they prioritize their own interests over those of their users.
Individuals can combat bias and improve their approach by acknowledging their own tendencies and programming 'ducks' into their work.
Empathy and patience can help navigate situations where others may be prone to pareidolia and blue dotting.
Chapters
00:00 Introduction and Updates
03:00 The Atlanta Hawks' Coin Flip Games
05:57 Match Group Lawsuit
08:58 Wendy's Surge Pricing
10:04 The Blue Dot Effect
21:05 Implications of the Blue Dot Effect
23:01 The Influence of Media and News
23:23 The Power of Negative News
25:17 Pareidolia and the Imposition of Meaning
29:46 The Perceived Worsening of the World
31:33 The Incentives of Activism
36:23 The Impact of Social Media and Algorithms
41:27 The Physiological Response to Negative News
43:53 The Dark Side of TikTok
48:40 The Inshitification of Online Platforms
50:30 Personal Acknowledgment and Empathy
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2/29/2024 • 56 minutes, 19 seconds
105. Secretary Problem & Optimal Stop Theory: How to Choose One from Many
Episode 105.
In this episode, the hosts discuss various topics including the challenges of moving, a dating app lawsuit, the impact of Seattle's delivery laws, AI-generated content, the secretary problem, and the application of cardinal and ordinal information in decision making. They also touch on Euler's constant and its significance in mathematics.
The conversation explores the use of optimal stopping theorem and the 37% rule in decision making processes. The hosts provide insights into the housing market and the importance of considering both cardinal and ordinal information when making choices.
The conversation explores the secretary problem and its applications in real life decision-making, such as hiring and dating. It discusses the odds of finding the best candidate and how mathematical value can improve decision-making.
The objections to the secretary problem are also examined, highlighting the limitations of its application in real-life scenarios.
The importance of being boring and the value of the first candidate through the door are emphasized. The conversation concludes with a lighthearted discussion on the optimal dressing problem and random banter.
Takeaways
Moving can be a challenging experience that can disrupt regular activities and hobbies.
Dating apps may face legal action for allegedly using gambling strategies to keep users addicted.
Seattle's delivery laws have resulted in unintended consequences, such as decreased orders and lower tips.
AI-generated content and scripts are being explored in various industries, including the film industry.
The secretary problem and optimal stopping theorem provide mathematical solutions for decision making processes.
Cardinal and ordinal information play a role in decision making, with cardinal information providing more precise evaluations. Mathematical value can improve decision-making in scenarios like hiring and dating.
The secretary problem has limitations in real-life decision-making due to factors like cardinal or relative goodness and the availability of information.
Being boring can be a smart and aggressive approach to decision-making.
The first candidate through the door can often be the best choice.
The optimal dressing problem is a relatable example of decision-making with emotional factors.
Chapters
00:00 Introduction and Technical Difficulties
01:12 The Challenges of Moving
01:56 Dating App Lawsuit
03:00 The Goal of Electronic User Products
04:02 Freerice.com and Ad Revenue
05:13 DoorDash and Seattle's Ordinance
06:02 The Impact of Seattle's Delivery Laws
07:16 The Purpose of Food Delivery Jobs
08:09 AI-Generated Content and the Madam Web Movie
09:20 The Theory of AI-Generated Scripts
10:13 AI in Commercials
10:56 Upcoming Episodes: AI-Generated Content, Insurance, and Cicadas
12:08 The Secretary Problem and Optimal Stoppage Theorem
15:37 Applying the Secretary Problem to Housing
18:11 Cardinal and Ordinal Information
19:13 Optimal Stopping Theorem and Euler's Constant
23:36 Euler's Number and Its Applications
28:16 Cardinal vs Ordinal Information in Decision Making
36:01 The Odds of Finding the Best Candidate
37:34 The Secretary Problem in Real Life
38:53 The Dating and Marriage Problem
40:02 Objections to the Secretary Problem
44:03 The Importance of Being Boring
46:25 The First Candidate Through the Door
47:48 The Optimal Dressing Problem
49:13 Random Banter
Links:
https://www.reddit.com/r/slatestarcodex/comments/azpkge/the_secretary_problem_is_too_bad_a_match_for_real/?rdt=45403
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2/21/2024 • 50 minutes, 23 seconds
104. TikTok v Universal Music Group & How Licensing Deals Impact All Parties
Contact the show:
[email protected]
_________________________________
Summary:
The conversation explores the topics of licensing agreements, negotiations, ownership, compensation, and the influence of AI in the entertainment industry.
The hosts discuss the challenges and dynamics of moving and the process of purging belongings. They also touch on the concept of ownership in relation to movies and music purchased through digital platforms.
The conversation delves into the licensing agreements between artists, record labels, and platforms like TikTok, highlighting the importance of compensation and the impact of viral moments on an artist's career.
The hosts also discuss the role of AI in creating music and visual content and its potential effects on human artists.
This conversation explores the impact of AI on artists and Universal Music Group, the question of reality and ownership in the digital age, the importance of focus in negotiations, the expansion and potential issues of TikTok, the shift in social media's role from self-expression to passive consumption, social media's impact on real life, and the role of AI in content creation.
Takeaways
The rise of AI in the music industry raises concerns about the replacement of artists and the impact on their creative output.
The question of reality and ownership becomes more relevant as AI-generated content becomes more prevalent.
Focus and specificity in negotiations can lead to more successful outcomes compared to a laundry list of demands.
TikTok's expansion into various areas, such as e-commerce and music, raises concerns about the platform's focus and potential for becoming a bot-filled environment.
Social media has shifted from a platform for self-expression to a consumption-driven experience, leading to increased time spent on social media apps.
Social media has the power to generate real social movements and affect real-life change.
The shift towards passive consumption on social media may lead to a decline in engagement and interest.
The use of AI in content creation raises questions about the future of human creativity and the role of technology in the creative process.
Chapters
00:00 Introduction and Moving
03:06 Licensing Agreements and Negotiations
08:13 Ownership and Rights in the Entertainment Industry
16:24 Compensation and Negotiating Power
21:23 UMG's Concerns and TikTok's Influence
26:48 AI and Creative Expression
35:35 The Impact of AI on Artists and Universal Music Group
37:01 The Question of Reality and Ownership
38:26 The Importance of Focus in Negotiations
41:24 TikTok's Expansion and Potential Issues
44:19 The Shift in Social Media's Role
46:10 The Rise of Consumption-driven Social Media
49:17 Social Media's Impact on Real Life
52:00 The Shift from Self-Expression to Passive Consumption
53:19 The Role of AI in Content Creation
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In this episode of the Game Theory podcast, the hosts discuss various topics including the Stanley Cup craze and lead contamination, international women's soccer tournaments, and the Raven paradox.
They explore different solutions to the paradox, including Good's Baby Solution and the Red Herring Solution.
The conversation explores Hempel's paradox, which is a paradox of induction. It discusses the relationship between observation and hypotheses, as well as the limitations of inductive reasoning.
Hempel's response to the paradox is examined, along with the concept of the red herring. The orthodox approach to hypothesis testing and the philosophy of language and science are also explored. The conversation delves into logical positivism and the concept of falsifiability.
The multiverse and alternate realities are discussed, as well as the determination of logical truths. The conversation concludes with a discussion on confirmation bias and the idea of infinite evidence.
Takeaways
The Stanley Cup craze highlights the importance of product safety and the need for manufacturers to ensure that their products do not contain harmful substances.
International women's soccer tournaments have unique dynamics and challenges, including the qualification process and the representation of different countries within the United Kingdom.
The Raven paradox raises questions about the nature of evidence and the limitations of inductive reasoning. Different solutions, such as Good's Baby Solution and the Red Herring Solution, offer insights into how to approach the paradox.
Bayesian statistics provides a framework for updating beliefs based on new observations and prior knowledge, which can be applied to understanding the Raven paradox.
Chapters
00:00 Introduction and Podcast Updates
03:05 The Stanley Cup Craze and Lead Contamination
08:22 International Women's Soccer Tournaments
12:19 The Raven Paradox
23:53 Good's Baby Solution
31:00 The Red Herring Solution
35:08 Observation and Hypotheses
36:28 Hempel's Response
37:23 The Red Herring
38:21 Limitations of Inductive Reasoning
39:16 Orthodox Approach to Hypothesis Testing
40:43 Philosophy of Language and Science
42:09 Logical Positivism and Falsifiability
43:16 The Multiverse and Alternate Realities
45:13 Determining Logical Truths
46:10 Confirmation Bias and Infinite Evidence
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2/1/2024 • 53 minutes, 27 seconds
102. Fraudster IV - Paolo Macchiarini: The Bad Surgeon, Fake Lover
Summary
This episode of the Game Theory podcast discusses the case of Paolo Macchiarini, a surgeon who committed medical and relationship fraud.
Macchiarini gained fame for his experimental surgeries, particularly the implantation of lab-grown tracheas. However, his procedures resulted in the deaths of several patients. Additionally, Macchiarini engaged in a relationship with journalist Benita Alexander while deceiving her and others about his personal and professional life.
The episode explores the ethical and legal issues surrounding Macchiarini's actions. This part of the conversation delves into the journey of Paolo Macchiarini, a surgeon who engaged in fraudulent medical practices.
It explores his lack of animal testing, the role of whistleblowers and journalists in exposing his actions, and the ethical concerns surrounding his surgeries.
The chapter also discusses the involvement of journalist Benita Alexander and provides an update on Macchiarini's current status. Overall, the conversation highlights Macchiarini's deviousness, luck, and evil intentions.
The conversation covers various topics including the Swedish legal system and planning a fun episode.
Takeaways
Paolo Macchiarini committed medical and relationship fraud, deceiving patients and engaging in a deceptive relationship with a journalist.
His experimental surgeries, particularly the implantation of lab-grown tracheas, resulted in the deaths of several patients.
Macchiarini's actions raise important ethical and legal questions about the regulation of medical procedures and the responsibility of medical professionals.
The case highlights the need for thorough investigation and scrutiny in the medical field to prevent fraud and protect patient safety. Paolo Macchiarini engaged in fraudulent medical practices, including the lack of animal testing and misrepresentation of data.
Whistleblowers and journalists played a crucial role in exposing Macchiarini's actions and bringing them to light.
The case highlights the importance of ethical considerations in medical research and the potential harm caused by fraudulent practices.
Benita Alexander's involvement with Macchiarini raises questions about journalistic ethics and the impact of personal relationships on professional conduct.
Macchiarini's actions demonstrate a high level of deviousness, luck, and evil intentions. The Swedish legal system is discussed, highlighting its flaws and limitations.
The hosts plan a future episode focused on sports, concussions, and math.
The conversation showcases the hosts' humor and camaraderie.
Chapters
00:00 Introduction and Background
03:00 Paolo Macchiarini's Medical Fraud
08:00 Billy McFarland and Fire Festival
12:00 Relationship Fraud and Benita Alexander
19:00 Paolo Macchiarini's Rise to Fame
25:00 Experimental Surgeries and Patient Deaths
32:00 Julia Tulek and the Documentary
36:00 Ethical and Legal Issues
36:52 The Journey Begins
37:58 The Trachea Thing
39:41 Lack of Animal Testing
41:53 Whistleblowers and Journalists
44:48 Ethical Concerns
52:08 The Case of Yesim Seeter
56:01 Benita Alexander's Involvement
59:59 Macchiarini's Current Status
01:06:09 Evaluation: Smart, Lucky, Evil
01:12:21 Discussion on the Swedish legal system
01:12:38 Planning a fun episode
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1/25/2024 • 1 hour, 14 minutes, 12 seconds
101. Stanley Cups: Conspicuous Consumption; Marketing to Women & Fads
Summary
The conversation begins with a reflection on the previous episode and a discussion on snow and winter.
The main topic of the conversation is the Stanley Cup trend, which is a fad involving the popularization of Stanley mugs.
The factors contributing to the trend, such as novelty and fear of missing out, are explored. The benefits and features of the Stanley Cup are also discussed, including its durability and insulation properties.
The rebranding and marketing strategy of Stanley to target a new consumer base is examined. The rapid increase in sales and popularity of the Stanley Cup is highlighted.
The conversation concludes with a discussion on the potential decline of the trend and incidents related to the Stanley Cup. This conversation explores the rise of Stanley Tumblers as a popular consumer product and the concept of conspicuous consumption.
It delves into the modernity of conspicuous consumption and the trends in consumer products. The viral success of Stanley Tumblers is highlighted, along with the company's response and the quality of their products.
The conversation also touches on the upcoming episode of Fraudster Files, which combines medical and relationship fraud.
___________________________________
Takeaways
The Stanley Cup trend is a fad involving the popularization of Stanley mugs, which are known for their durability and insulation properties.
The trend was fueled by factors such as novelty, fear of missing out, and savvy marketing strategies.
The rapid increase in sales and popularity of the Stanley Cup demonstrates the effectiveness of influencer marketing and social media trends.
The decline of the trend may be influenced by factors such as the saturation of the market and the association with a specific demographic.
The Stanley Cup trend reflects the desire for status symbols and the growing emphasis on health consciousness. Stanley Tumblers have become a popular consumer product, driven by a targeted marketing campaign and social media influence.
Conspicuous consumption is a modern phenomenon where consumers buy and use goods of higher quality or price to demonstrate social status.
The success of Stanley Tumblers reflects the changing dynamics of consumer preferences and the desire for attainable status symbols.
The response of luxury brands to changing consumer trends and the impact of pricing strategies on their market position.
The viral nature of social media can significantly impact the success of a product or brand.
The quality and functionality of a product play a crucial role in its popularity and customer satisfaction.
The upcoming episode of Fraudster Files explores the intersection of medical and relationship fraud.
___________________________________
Time Stamps:
00:00
Introduction and Reflection on Previous Episode
02:02
Discussion on Snow and Winter
03:26
Introduction to the Stanley Cup Trend
08:06
Factors Contributing to the Stanley Cup Trend
10:12
Description and Benefits of the Stanley Cup
14:11
Rebranding and Marketing Strategy of Stanley
19:21
Rapid Increase in Sales and Popularity of Stanley Cups
24:19
Discussion on the Decline of the Stanley Cup Trend
26:33
Incidents and Reactions to the Stanley Cup Trend
30:05
The Status Symbol and Health Consciousness of the Stanley Cup
32:04
The Rise of Stanley Tumblers
39:19
Conspicuous Consumption and Luxury Brands
45:11
The Modernity of Conspicuous Consumption
52:30
Trends in Consumer Products
54:00
The Viral Success of Stanley Tumblers
55:35
Stanley's Response and Product Quality
56:05
Fraudster Files: Medical and Relationship Fraud
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1/17/2024 • 58 minutes, 18 seconds
EPISODE 100 REVIEW AND CONTEST
Thanks for hanging out with us for 100 episodes!
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1/10/2024 • 1 hour, 10 minutes, 16 seconds
99. Occam's Razor, Newton's Flaming Laser Sword, and the 9 Philosophical Razors
In this episode, the hosts discuss various philosophical razors, which are principles used to evaluate and simplify explanations and claims. They cover razors such as Alder's Razor, Einstein's Razor, Grice's Razor, Hume's Guillotine, Hitchens' Razor, Occam's Razor, Popper's Falsifiability, and Sagan's Standard.
Each razor provides a different perspective on how to approach and evaluate ideas and theories. The hosts also share personal anecdotes and examples to illustrate the concepts discussed. This conversation explores the relationship between science and philosophy, highlighting the limitations of scientific knowledge and the importance of philosophical inquiry.
The discussion begins with the extraordinary claim of zebras in Prince George's County and the discovery of Homo Naledi in South Africa. It then delves into Newton's Flaming Laser Sword and the criticism of philosophy, emphasizing the need for a broader discussion that includes both science and philosophy. The conversation concludes by examining the danger of scientism and the search for validation in the search for truth.
Takeaways:
Philosophical razors are principles used to evaluate and simplify explanations and claims.
Each razor provides a different perspective on how to approach and evaluate ideas and theories.
Some well-known razors include Alder's Razor, Einstein's Razor, Grice's Razor, Hume's Guillotine, Hitchens' Razor, Occam's Razor, Popper's Falsifiability, and Sagan's Standard.
These razors can help in critical thinking and decision-making processes. Scientific knowledge has limitations and cannot answer all questions about the world.
Philosophical inquiry is essential for exploring topics that science cannot address.
The intersection of science and philosophy can lead to a more comprehensive understanding of the world.
The search for validation and in-group acceptance often influences people's beliefs and opinions.
Chapters
00:00 Introduction and New Year's Resolutions
06:00 Philosophical Razors: Alder's Razor and Einstein's Razor
09:49 Philosophical Razors: Grice's Razor
12:01 Philosophical Razors: Hume's Guillotine
17:27 Philosophical Razors: Hitchens' Razor
21:21 Philosophical Razors: Occam's Razor
27:23 Philosophical Razors: Popper's Falsifiability
29:43 Philosophical Razors: Sagan's Standard
35:13 The Extraordinary Claim of Zebras in Prince George's County
36:32 The Discovery of Homo Naledi in South Africa
42:32 Newton's Flaming Laser Sword and the Criticism of Philosophy
47:46 The Limitations of Science and the Importance of Philosophy
56:53 The Intersection of Science and Philosophy
01:02:07 The Danger of Scientism and the Need for a Broader Discussion
01:09:00 The Search for Validation and the Role of Science and Philosophy
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12/27/2023 • 1 hour, 11 minutes, 15 seconds
98. Math Confirms Santa is Real; What the Nash Equilibrium Teaches Us About Gift Giving
In this episode, the hosts discuss various Christmas topics, including the mathematics of Christmas and the existence of Santa Claus.
They also talk about their upcoming episodes and milestones. The conversation delves into the philosophical and mathematical proof of Santa Claus, drawing parallels to Descartes' philosophical arguments.
The hosts explore undecidable statements in mathematics and the paradoxes they present.
Finally, they discuss the game theory of gift giving and the concept of reciprocity. The conversation explores the commercialization of Christmas and the impact it has on gift-giving. It delves into the concept of Nash equilibrium and how it relates to gift-giving strategies.
The discussion also touches on the burden of unwanted gifts and the dilemma of giving books as presents.
Additionally, the popularity and influence of the Narnia series are discussed. The conversation concludes with a recommendation to choose fun and affordable gifts.
Takeaways
The mathematical proof of Santa Claus is based on philosophical arguments similar to Descartes' reasoning.
Undecidable statements in mathematics demonstrate that there are some things that cannot be proven true or false.
Gift giving involves more than just economic exchange; the joy and sentiment behind the gift are important factors.
The game theory of gift giving considers factors such as reciprocity and the value of the gift.
The hosts discuss upcoming episodes and milestones, including their 100th episode. The commercialization of Christmas has led to a focus on materialistic gift-giving.
Nash equilibrium suggests that the goal of gift-giving is to receive the most, leading some to adopt a Scrooge-like approach.
Competitive gift-giving can create an upward spiral of reciprocity, resulting in extravagant and sometimes burdensome presents.
Strategies for successful gift-giving include focusing on volume over money and choosing gifts that align with the recipient's interests.
Unwanted gifts can be a burden and may end up unused or discarded.
Giving books as gifts can be challenging, especially when the recipient already has multiple copies.
The Narnia series by CS Lewis has gained popularity among various demographics and is considered a classic in fantasy literature.
Choosing fun and affordable gifts from stores like Hot Topic and FYE can make gift-giving enjoyable and budget-friendly.
Chapters
00:00 Introduction and Change in Schedule
01:25 Christmas Topics and the Existence of Santa Claus
04:03 Upcoming Episodes and Milestones
08:46 Descartes and the Mathematical Proof of Santa Claus
15:21 Undecidable Statements in Mathematics
19:37 The Game Theory of Gift Giving
33:20 The Commercialization of Christmas
35:59 Nash Equilibrium and Gift Giving
36:27 Reciprocity and Competitive Gift Giving
39:44 Strategies for Gift Giving
41:26 The Burden of Unwanted Gifts
43:12 The Dilemma of Book Gifts
46:11 The Popularity and Influence of Narnia
47:36 Choosing Fun and Affordable Gifts
They also discuss the importance of a customized Christmas tree.
Personalize your Christmas tree with homemade ornaments and unique decorations.
Consider the size and shape of your tree when choosing baubles.
Use an online calculator to determine the number of baubles and lights needed.
Embrace the whimsical and fun aspects of tree decoration.
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12/20/2023 • 56 minutes, 27 seconds
97. Conspiracy Theories & Hoaxes - Why They Last So Long, How They Start, Our Favorites
In this episode, the boys talk about conspiracy theories and hoaxes.
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12/13/2023 • 1 hour, 3 minutes, 14 seconds
96. Rank Choice Voting; American Primary Elections; College Football Playoff Conundrum
In this episode, the boys discuss rank choice voting, an alternative to the normal elections in the US.
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12/6/2023 • 1 hour, 1 minute
95. Marchetti's Constant: Why All Commute Times Are the Same; the Rise of 15 Minute Cities
In this episode, the boys discuss Marchetti's Constant and why it always takes about an hour (round-trip) to get to work.
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11/29/2023 • 58 minutes, 56 seconds
94. Weber-Frechner Law: Why You Suddenly Notice Change and How We Observe Our World
In this episode the boys talk about the Weber Fechner Law and how our brains are logarithmic..
Googliography:
Weber-Fechner Law:
https://en.wikipedia.org/wiki/Weber%E2%80%93Fechner_law
Best Subreddit Ever? https://www.reddit.com/r/IsItBullshit/comments/x09sx8/isitbullshit_humans_can_smell_water_better_than/
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11/15/2023 • 54 minutes, 54 seconds
93. Keith Lee's ATL Drama; Dave Portnoy's Pizza Scores; the Art of Criticism & the Power of Reviews
In this episode, the boys talk about the recent drama between TikTok food reviewer Keith Lee and various restaurants in Atlanta including The Real Milk and Honey and The Atlanta Breakfast Club.
____________________________
Watch the show on YouTube:
___________________________
Googliography:
Real Milk and Honey Apology: https://www.axios.com/local/atlanta/2023/10/31/atlanta-restaurant-keith-lee-tiktok-review
Keith Lee on TikTok:
https://www.tiktok.com/@keith_lee125?lang=en
"Dave Portnoy's Pizze Mafia":
https://slate.com/human-interest/2023/07/dave-portnoy-pizza-one-bite-reviews.html
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11/7/2023 • 1 hour, 2 minutes, 40 seconds
92. Inductive vs Deductive Reasoning - Eating Lambs and Popping Quizzes
In this episode the boys break down the differences between inductive reasoning and deductive reasoning and why it matters.
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10/25/2023 • 59 minutes, 27 seconds
91. Diderot Effect - How Buying Something Nice Can Make You Hate Your Stuff
In this episode, the boys get into something called the Diderot Effect.
Googliography: TBD
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10/18/2023 • 58 minutes, 27 seconds
90. Delta's Meltdown & Starbucks Stars: How Company's Turned Loyalty Into a Bank
In this episode, the boys talk about the Delta Sky Miles mess and how Starbucks Stars have evolved to a $2 billion source of revenue.
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10/11/2023 • 1 hour, 1 minute, 25 seconds
Social Contagion: TikTok Tourrette's; Salem Witch Trials; & The Great June Bug Hysteria
In this episode, the guys break down how ideas can spread out of control.
Googliography:
Social contagion: https://en.wikipedia.org/wiki/Social_contagion
Nudge Theory: https://en.wikipedia.org/wiki/Nudge_theory
'TikTok Tics: A Pandemic Within a Pandemic': https://movementdisorders.onlinelibrary.wiley.com/doi/10.1002/mdc3.13316
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10/3/2023 • 1 hour, 5 minutes, 32 seconds
88. The Pink Tax - Oil Changes, Calculators, & Laxatives: Why Business Charge More for Products Marketed to Women
In this episode, the boys look into all aspects of the pink tax -- what it means, how it happened, and what we can do about it.
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9/26/2023 • 53 minutes, 43 seconds
87. Benford's Law: How is This a Real Thing; Using Naturally Occurring Numbers to Fight Fraud
In this episode, the guys break down Benford's Law -- what it is, what it means, and what we can learn from the world around us.
Check out the scientific american story here:
https://www.scientificamerican.com/article/what-is-benfords-law-why-this-unexpected-pattern-of-numbers-is-everywhere/
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9/20/2023 • 51 minutes, 4 seconds
The Bad-Vibes Economy: Why Do We Feel This Way?
In this episode, the boys talk about the so-called Vibe-session and what it means for our biases in the American economy.
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9/12/2023 • 59 minutes, 46 seconds
The Great Ice Cream Lie, Learning Styles Are Fake, & How Conventional Wisdom Can Hurt You
In this episode, the boys talk about how scientists may have known for years now that ice cream may be good for you.
_____________________________________________ Googliography:
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9/5/2023 • 48 minutes, 29 seconds
Tipping Wars: The Dictator Game, Supply & Demand, and That Awkward Moment at the Register
In this episode, the boys talk about the great American tipping wars
_____________________________________________
Connect with the show:
Reddit: https://www.reddit.com/r/gametheorypod/comments/w35b8d/welcome_to_rgametheorypod/
Website: https://www.gametheorypod.com
Game Theory on Facebook: https://www.facebook.com/gametheorypod
Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod
Nick on Twitter: @tribnic https://twitter.com/tribnic
Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315
_____________________________________________
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8/29/2023 • 1 hour, 1 minute, 1 second
83. Random Walks & Markov Chains: How To Lose All of Your Money Gambling & Predict the Future
In this episode, the boys talk about a mathematical hypothesis and its tentacles that help describe probability with practical implications for drivers, gamblers, and anyone with money invested.
_____________________________________________
Connect with the show:
Reddit: https://www.reddit.com/r/gametheorypod/comments/w35b8d/welcome_to_rgametheorypod/
Website: https://www.gametheorypod.com
Game Theory on Facebook: https://www.facebook.com/gametheorypod
Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod
Nick on Twitter: @tribnic https://twitter.com/tribnic
Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315
_____________________________________________
Googliography :
Markov Chain:https://en.wikipedia.org/wiki/Markov_chain
Random Walk:
https://en.wikipedia.org/wiki/Random_walk
Martingale Strategy:
https://en.wikipedia.org/wiki/Martingale_(probability_theory)
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8/15/2023 • 54 minutes, 3 seconds
82. Data Torture: Harvard Dishonesty Scandal; Purdue Pharma Chart; Men Lying About Height
In this episode, the boys examine how data is manipulated and tortured to show different results. And how you can tell
_____________________________________________
JOIN OUR SUMMER READING BOOK CLUB - https://bit.ly/3X3E3m0 T _____________________________________________ Connect with the show: Reddit: https://www.reddit.com/r/gametheorypod/comments/w35b8d/welcome_to_rgametheorypod/
Website: https://www.gametheorypod.com
Game Theory on Facebook: https://www.facebook.com/gametheorypod
Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod
Nick on Twitter: @tribnic https://twitter.com/tribnic
Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315 _____________________________________________
Googliography
Harvard Scandal
https://www.tiktok.com/t/ZT8LV1F3N/
https://www.tiktok.com/t/ZT8LVrpQP/
Men's heights and P values
https://www.tiktok.com/t/ZT8LVFpvB/
Purdue Pharma Log Chart
https://twitter.com/benjamin_rubin/status/1462971186569265154?t=AwA0tibpRN7FSLkV12bidw&s=19
Open Access Publication Models
https://acrobat.adobe.com/link/review?uri=urn:aaid:scds:US:21a9ae0b-243f-343c-825a-910f61cb04f2
Medical fraud
https://www.economist.com/science-and-technology/2023/02/22/there-is-a-worrying-amount-of-fraud-in-medical-research
Japanese Math Throwdown
https://www.scientificamerican.com/article/math-mystery-shinichi-mochizuki-and-the-impenetrable-proof/
https://www.quantamagazine.org/titans-of-mathematics-clash-over-epic-proof-of-abc-conjecture-20180920/
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8/8/2023 • 1 hour, 4 minutes, 10 seconds
81. Assassin's Mace: How an Ancient Saying Explains China's Current Military Strategy
In this episode, the boys look into an ancient Chinese saying and how it can explain what the world power is doing now. And, how to level the playing field against a bigger or stronger opponent.
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8/1/2023 • 53 minutes, 50 seconds
Taylor's Version: Her Battle With Scooter, Eras Tour, History
In this episode, the boys get Swifty
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7/25/2023 • 56 minutes, 38 seconds
How a Terrible BBQ List Teaches Us About Content Analysis - Feat. Cally Alessi
In this episode, Chris' partner Cally Alessi joins to talk about content analysis and why Trip Advisor/Chef's Table got it so wrong.
NOTE: Trip advisor denounced the list and claims to have had nothing to do with it.
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he Book We're Reading: https://en.wikipedia.org/wiki/The_Swerve
Amazon - https://www.amazon.com/Swerve-How-World-Became-Modern/dp/0393343405
Barnes & Noble - https://www.barnesandnoble.com/w/swerve-stephen-greenblatt/1101999531 Local Bookstore Guide - https://bookshop.org/pages/bookstores
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Newsday's article about the list:
https://www.newsweek.com/tripadvisor-denies-any-part-contentious-list-ranking-nations-best-barbeque-1591748
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7/11/2023 • 56 minutes, 15 seconds
78. Wagner Group Revolution, Putin's Power, & Social Media's Roll in Revolt
In this episode, Nick and Chris rehash the Wagner revolt and what it means.
_____________________________________________
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he Book We're Reading: https://en.wikipedia.org/wiki/The_Swerve
Amazon - https://www.amazon.com/Swerve-How-World-Became-Modern/dp/0393343405
Barnes & Noble - https://www.barnesandnoble.com/w/swerve-stephen-greenblatt/1101999531 Local Bookstore Guide - https://bookshop.org/pages/bookstores
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_____________________________________________
Googliography:
Academic Research on Media/Social Media and Revolts
https://link.springer.com/article/10.1007/s00355-017-1067-3#Sec8
Kiss, H.J., Rodríguez-Lara, I. & Rosa-García, A. Overthrowing the dictator: a game-theoretic approach to revolutions and media. Soc Choice Welf 49, 329–355 (2017). https://doi.org/10.1007/s00355-017-1067-3
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6/27/2023 • 54 minutes, 45 seconds
Rick Singer & The College Admissions Scandal - Fraudster Files IIII
In this episode, Nick & Chris break down and review the fourth Fraudster in their Fraudster Files - William Rick Singer, the mastermind behind the college admissions scandal.
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The Book We're Reading: https://en.wikipedia.org/wiki/The_Swerve
Amazon - https://www.amazon.com/Swerve-How-World-Became-Modern/dp/0393343405
Barnes & Noble - https://www.barnesandnoble.com/w/swerve-stephen-greenblatt/1101999531
Local Bookstore Guide - https://bookshop.org/pages/bookstores
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6/20/2023 • 1 hour, 11 minutes, 26 seconds
Is America Nearing the End? - The Great Divide and the Life Cycle of Empires
In this episode, Nick & Chris look into a bevy of semi-recent writing that suggests America is in trouble as the world power.
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The Book We're Reading: https://en.wikipedia.org/wiki/The_Swerve
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Barnes & Noble - https://www.barnesandnoble.com/w/swerve-stephen-greenblatt/1101999531
Local Bookstore Guide - https://bookshop.org/pages/bookstores
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6/13/2023 • 1 hour, 33 seconds
Bottlenecks: Bridal Parties, Chinese Bureaucracy, and Going Around Your Boss
In this episode, bottlenecks and constraints and how so much work gets stuck behind one little thing. Also, Chris' Favorite T-Swift Song
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6/8/2023 • 1 hour, 2 minutes, 19 seconds
Game Theory Announcement - We're Sorry!!
We'll be back! This week. How embarrassing.
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6/6/2023 • 5 minutes, 52 seconds
Debt Ceiling Brinksmanship; Implications, Strategy; Fallout From the Debt Ceiling Policy
In this episode, debt ceiling brinksmanship
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5/30/2023 • 57 minutes, 33 seconds
Fake Job Postings (Ghost Jobs); Job Opening Scammers; Careers vs Jobs; & The Godfather
In this episode, Nick and Chris break down the current job market. They get into jobs vs careers and ghost jobs (34:00).
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Nick on Twitter: @tribnic https://twitter.com/tribnic
Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315 _____________________________________________
Googliography:
WSJ:
HR Exec Survey:
https://www.wsj.com/articles/that-plum-job-listing-may-just-be-a-ghost-3aafc794
Return to the Office Has Stalled:
https://www.wsj.com/articles/the-return-to-the-office-has-stalled-e0af9741?mod=hp_lead_pos1
Laid-off Workers Are Flooded With Fake Job Offers:
https://www.wsj.com/articles/laid-off-workers-are-flooded-with-fake-job-offers-11673387875
Electrician Apprentice Shortage:
https://www.motherjones.com/environment/2023/04/electrician-shortage-training-inflation-reduction-act-fossil-fuels/
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5/23/2023 • 59 minutes, 18 seconds
Why Video Games Create In-Game Purchases: Zelda, Freemium Games, and the Billion Dollar Skin Industry
In this episode, Nick & Chris dive into the rise of in-game purchases with the release of the latest Zelda game.
_____________________________________________
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5/16/2023 • 1 hour, 2 minutes, 46 seconds
Writer's Guild of America on Strike; Skilled Labor vs Non-Skilled Labor; & What's Next in Hollywood?
In this episode, Nick & Chris introduce the new John Henry Series all about the American worker. The first edition dives into the WGA strike.
_____________________________________________
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_____________________________________________
Googliography -
Studio Costs per WSJ: https://www.wsj.com/articles/hollywood-writers-strike-may-give-studios-chance-to-slash-costs-fe8670fd
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5/9/2023 • 56 minutes, 33 seconds
"Just One More" Paradox - Why You Shouldn't Take the Bet Also, Pittsburgh Potties, Guns, Germs & Steel, and Nick Eats Balls
In this episode, Nick and Chris explain how you can lose all of your money asking for "just one more"
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5/2/2023 • 59 minutes, 30 seconds
The Centipede Game: How Co-opetition and Cooperation Clash & How It Cured a Plague
In this episode, Nick and Chris breakdown the basic game theory concept called the centipede game.
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4/25/2023 • 55 minutes, 16 seconds
Optimal Poker: How to Play, Basic Strategies & the Debates Going on in Texas Hold 'em
In this episode, Nick and Chris take all of your money at the poker table.
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4/18/2023 • 59 minutes, 29 seconds
How the Government Guilts You Into Paying Taxes: The Inspector Game
In this episode, Nick and Chris play the investigator game. Taxes have long been a Game Theory conundrum with finding the best way to enforce collection policies.
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4/11/2023 • 55 minutes, 54 seconds
TikTok Brinksmanship: Banning the App, Learning China, and Understanding Big Tech Lobbying
In this episode, Nick and Chris breakdown the game being played to ban TikTok
Watch the episode on YouTube https://youtu.be/0HD2tdih7GY
_____________________________________________
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Nick on Twitter: @tribnic https://twitter.com/tribnic
Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315
_____________________________________________
Reporting:
https://www.aljazeera.com/news/2023/3/30/republican-senator-blocks-bid-to-ban-tiktok-in-us
https://www.wsj.com/articles/u-s-threatens-to-ban-tiktok-if-chinese-founder-doesnt-sell-ownership-stake-36d7295c
https://www.wsj.com/articles/tiktoks-rivals-shouldnt-bank-on-ban-1469f07d
Congressional Brinksmanship https://www.npr.org/transcripts/1046180183
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4/4/2023 • 55 minutes, 5 seconds
Moore's Law: How Physical Space is Ending Computer Advancement; Love is Blind Recap
In this episode, Nick and Chris look at Moore's Law and the growth of tech computing power.
Time Stamps:
Love is Blind: 3:15
Moore's Law: 9:22
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3/28/2023 • 56 minutes, 59 seconds
Perverse Incentives, Unintended Consequences, and How You Make Policy: The Cobra Effect, Horseshoe Theory, & Barbera Streisand
In this episode, Nick and Chris look into the game theory of perverse incentives including the cobra effect. They meander into adjacent topics such as unintended consequences and the horseshoe theory of politics.
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Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315
_____________________________________________
Resources:
Perverse Incentives: https://en.wikipedia.org/wiki/Perverse_incentive
Streisand Effect: https://en.wikipedia.org/wiki/Streisand_effect
Denver Elementry School Families of Color event: https://www.reuters.com/article/factcheck-denver-elementary/fact-check-denver-elementary-school-says-families-of-color-event-was-open-to-all-families-idUSL1N2T1207
NFL Safety Regulations: https://profootballtalk.nbcsports.com/2018/03/27/players-alone-cant-be-responsible-for-using-helmets-as-weapons/
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3/21/2023 • 52 minutes, 12 seconds
Silicon Valley Bank Collapse: Bank Runs, Diamond-Dybvig, and Getting Your Money Out Early
In this episode, Nick and Chris discuss why bank runs suck so badly and why the FDIC changes the game theory of running to the bank.
_________________________________
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3/14/2023 • 1 hour, 2 seconds
Ukraine, Putin & the US: The Prisoner's Dilemma of War
In this episode, Nick and Chris discuss the Security Dilemma -- the Prisoner's Dilemma of Geo Politics
Read the tweet threat: https://twitter.com/ProfPaulPoast/status/1631996120497881091?s=20
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Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315's choice to abandon Trenton and march on Princeton.
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3/8/2023 • 49 minutes, 5 seconds
How the Government Lies to Us: History, Uses, & Future of the Glomar Response
In this episode, Nick and Chris look into the history, uses, ethics, and future of the Glomar Response.
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_____________________________________________
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2/28/2023 • 57 minutes, 4 seconds
Four-Day Work Week: Why It Works and Why It Doesn't
In this episode, Nick and Chris discuss the idea of a 4-day work week and those companies giving it a shot.
_________________________________
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_____________________________________________
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2/21/2023 • 56 minutes, 18 seconds
Half-Life of Knowledge: How Science Moves, Knowledge Decays, and What We Know Improves
In this episode, Nick and Chris investigate how facts and ideas have a half-life.
_________________________________
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Nick on Twitter: @tribnic https://twitter.com/tribnic
Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315's choice to abandon Trenton and march on Princeton.
_____________________________________________
Half-life of Knowledge: https://en.wikipedia.org/wiki/Half-life_of_knowledge#cite_note-3
Scientometrics: https://en.wikipedia.org/wiki/Scientometrics
Ted Talk: https://www.youtube.com/watch?v=GaxYnvd7YAM
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2/14/2023 • 1 hour, 2 minutes, 56 seconds
Netflix's Password Sharing Decision and How It Could Be Its Undoing; Customer Retention Vs Acquisition; State of Streaming
In this episode, Nick and Chris look at the history of Netflix as the streaming giant looks to crack down on password sharing.
Highlights include:
Chris' apology for being late;
A history of Netflix;
Weird 9/11 Mandela Effect;
Why Writers are the Kings of Streaming;
Review of Our New Favorite Show;
____________________________________________
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_____________________________________________
History of Netflix: https://www.thestreet.com/technology/history-of-netflix-15091518
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2/8/2023 • 1 hour, 5 minutes, 21 seconds
The End of Disruption (not really); Ig Nobel Prizes, Patient Rights, Consolidation-Disruption and the Slog of Science
In this episode, Nick and Chris investigate the so-called consolidation-disruption index, impact factor, patient rights and the overall slog of scientific research. They also look at Ig Nobel Prizes, the Bell Laboratories history and discuss AI in language.
____________________________________________
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_____________________________________________
Googliography:
Consolidation-Disruption Index https://www.theatlantic.com/newsletters/archive/2023/01/academia-research-scientific-papers-progress/672694/
Father of Ob/Gyn
https://www.npr.org/sections/thetwo-way/2018/04/17/603163394/-father-of-gynecology-who-experimented-on-slaves-no-longer-on-pedestal-in-nyc#:~:text=Press-,'Father%20Of%20Gynecology%2C'%20Who%20Experimented%20On%20Enslaved%20Women%2C,Park%20statue%20to%20a%20cemetery.
2018 Nobel Prize Winners James Allison and Tasuku Hanjo https://www.nobelprize.org/prizes/medicine/2018/summary/
"Papers and patents are becoming less disruptive over time
https://www.nature.com/articles/s41586-022-05543-x
Ig Nobel Prize
https://en.wikipedia.org/wiki/Ig_Nobel_Prize#:~:text=The%20Ig%20Nobel%20Prize%20(%2F%CB%8C,trivial%20achievements%20in%20scientific%20research.
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1/31/2023 • 51 minutes, 45 seconds
Dunning-Kruger Effect: We're the Best Podcasters in the World; Dr. Death; Movie Review - Banshees of Inisherin
In this episode, Nick and Chris break down the cognitive bias known as the Dunning-Kruger effect. They also talk about the 2022/23 movies The Menu and The Banshees of Inisherin.
____________________________________________
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_____________________________________________
Googliography:
https://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect
https://www.healthline.com/health/dunning-kruger-effect
https://www.imdb.com/title/tt11813216/
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1/24/2023 • 51 minutes, 13 seconds
Dating Game II: Sister Wives, Love is Blind, The Bachelor/Bachelorette, 90-Day Fiancé
In this episode, Nick & Chris break down some of America's best dating shows.
____________________________________________
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1/17/2023 • 1 hour, 54 seconds
Southwest Airlines' Utter Meltdown and Our Best and Worst Parts of Airports
In this episode, Nick & Chris breakdown and chat about the Southwest Airlines Meltdown and fight about public transit.
____________________________________________
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_____________________________________________
Googliography:
How Southwest Airlines Melted Down (Wall Street Journal) https://www.wsj.com/articles/southwest-airlines-melting-down-flights-cancelled-11672257523?mod=Searchresults_pos5&page=1
Southwest’s December Meltdown Could Cost Up to $825 Million (Wall Street Journal)
https://www.wsj.com/articles/southwests-december-meltdown-to-cause-quarterly-loss-11673007141?mod=Searchresults_pos6&page=1
TikToks:
https://www.tiktok.com/@kylascan/video/7182369310998859051?is_from_webapp=1&sender_device=pc&web_id=7183296085116536362
https://www.tiktok.com/@caseysonthecase/video/7181843488680742190?is_from_webapp=1&sender_device=pc&web_id=7183296085116536362
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1/10/2023 • 47 minutes, 28 seconds
George Washington's Biggest Battlefield Decision
In this episode, Nick and Chris break down George WashingtonBRAND NEW SUBREDDIT
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_________________________________
Googliography:
The Use of Game Theory at the Operational Level by
MAJ Nathan A. Lunde
US Army
https://apps.dtic.mil/sti/pdfs/AD1159431.pdf
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1/3/2023 • 59 minutes, 38 seconds
Game Theory First Annual Holiday Party!!!; Hanukkah History; Teach Your Kids Dreidel!!
In this episode, Nick and Chris host the first-ever Game Theory Holiday Party!
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12/20/2022 • 56 minutes, 57 seconds
Hosting the Olympcs & World Cup: Business, Distraction, and Sportwashing
In this episode, Nick & Chris look into the recent history of hosting the Olympic games and the World Cup. The episode includes discussions of collusion between FIFA and Qatar and Russia, how Brazil improved on its experience after the World Cup, and how the future is collaborative.
Time Stamps:
Look ahead (2:02)
- Lindt vs Garibaldi, Next episodes [How to Win Christmas and Hanukka/Year-in-Review].
Russia and Brazil (14:40)
- Russia using olympics for cover to wage war.
Qatar Scandals (36:50)
- Suspicious journalist deaths, banning LGBT+ messaging, limiting sales and advertising of alcohol.
History of Fraudulent Bidding (40:50)
- Sepp Blatter, FIFA, Netflix Documentary,
Next World Cup Locations (46:15)
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12/13/2022 • 54 minutes, 57 seconds
Rankings are Dumb: Why Michelin Stars are Double-Edged Sword and You Shouldn't Be All-In on Lists
In this episode, Nick and Chris freebase a conversation about why we're so obsessed with rankings for US universities, restaurants, movies and college football.
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12/6/2022 • 51 minutes
FTX, BlockFi Put Cypto on Life Support: How a Game Theory Concept Explains the Failures of FTX, BlockFi and Maybe the Whole System
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11/29/2022 • 53 minutes, 2 seconds
THROWBACK: Black Friday Prisoner's Dilemma - How a clever idea screwed everyone and how it's changing + Thanksgiving food hot takes
This episode was originally published in 2021. As we spend Thanksgiving in Arizona, we hope you enjoy this blast from the past.
Contact: [email protected]
If you've been grossed out by the fact that stores opened on Thanksgiving day for Black Friday discounts, you're not alone. But, what if I said it wasn't their fault? They kind of had to. But, the worst part, is that shoppers also kind of had to.
Black Friday is as American as Thanksgiving, but it's been starting earlier and earlier. It doesn't net the stores as much profit as you think and shoppers have to participate if they want the best deals. It's a vicious double prisoner's dilemma that must be stopped.
Thankfully, in recent years, the trend has been reversed.
In this episode, how Black Friday screws everyone, how it started, and how it's changing.
Googliography:
GAME THEORY OF BLACK FRIDAY -
Ellen Bast: https://www.engagetu.com/2018/12/06/game-theory-black-friday/
Cornell Blog 1 Macy's: https://blogs.cornell.edu/info2040/2016/09/06/game-theory-behind-macys-black-friday-debut/
Cornell Blog 2 Black Friday Prisoner's Dilemma: https://blogs.cornell.edu/info2040/2016/09/06/game-theory-behind-macys-black-friday-debut/
UVA Blog, 'Better Than Plowing' Prisoner's Dilemma: https://blogs.cornell.edu/info2040/2016/09/06/game-theory-behind-macys-black-friday-debut/
Philip Kiely Modeling the Sale, Prisoner's Dilemma and Assurance: https://philipkiely.com/essays/november_sale.html
HISTORY -
Overview: https://blackfriday.com/news/black-friday-history
History Channel's Sarah Pruitt, real history of Black Friday: https://www.history.com/news/black-friday-thanksgiving-origins-history
Overview II, Brian Martucci: https://www.moneycrashers.com/black-friday-history/
OTHER RESOURCES
Carnage Report: https://blackfridaydeathcount.com/
What Stores are Open - NerdWallet via Yahoo!: https://finance.yahoo.com/news/black-friday-2021-store-hours-130015392.html
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11/22/2022 • 41 minutes, 7 seconds
Mathisode - Simpsons Paradox: What You Need to Know About Correlation vs Causation and Per-Capita Stats
In this episode, Nick & Chris break down Simpson's Paradox and why representative sample size is super important.
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_________________________________
https://en.wikipedia.org/wiki/Simpson%27s_paradox
https://plato.stanford.edu/entries/paradox-simpson/#EpidMetaAnal
https://www.britannica.com/topic/Simpsons-paradox
https://towardsdatascience.com/simpsons-paradox-and-interpreting-data-6a0443516765
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7867858/
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11/15/2022 • 42 minutes, 26 seconds
Elon Gets the Bird: What Elon Musk's Twitter Take Over and What's the Point of Verification?
Game Theory Ep 46
In this episode, Nick and Chris recap Elon Musk's Purchase of Twitter and figure out what the hell is the point of being verified.
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11/8/2022 • 53 minutes, 53 seconds
AirBNB Bust: How Cities are Cracking Down, Demand is Falling Off a Cliff, and Users are Returning to Hotels
In this episode, Nick & Chris talk about the crash in the AirBNB market. It seems like those using AirBNB as a full-time gig are feeling the heat of a down economy and pushback from users.
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Googliography:
TBD
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11/1/2022 • 56 minutes
Fraudster III: How One Wine Genius Named Rudy Made Rich Wine Collectors His Patsies
In this episode, Fraudster Files is back for chapter III -- Rudy Kurniawan.
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Rudy has a natural gift for taste. He put that gift to use in the most lucrative way possible -- he hoodwinked the world of elite wine collections. Rudy was born in the 1970s in Indonesia where his family has (allegedly) participated in one of the biggest bank heists in world history. (His great-uncle stole hundreds of millions in a fraudulent situation.)
Now, after serving his time for ripping off rich people, he has been deported to Indonesia, but his crime remains one of the most infamous and entertaining in recent memory.
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__________________________________
Googliography:
Sour Grapes Documentary: https://www.amazon.com/Sour-Grapes-Rudy-Kurniawan/dp/B06XWJF7ZD
Rudy's Wiki: https://en.m.wikipedia.org/wiki/Rudy_Kurniawan
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10/25/2022 • 57 minutes, 15 seconds
Your Friends Are, In Fact, More Popular Than You - The Friendship Paradox
In this episode, Nick & Chris discuss the mathematical principles behind the friendship paradox and why it seems like your friends have more friends than you do. It's because they probably do.
Also, we are officially going weekly! Be sure to leave a five-star review on Apple Podcasts if you want others to find the show and share it with your friends and colleagues, even if you think it's about 4.1 stars.
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___________________________________
Googliography:
https://twitter.com/fermatslibrary/status/1577291242890821633?s=20&t=GEA1H8wGTO-rDoXkEFLJ1w
https://en.wikipedia.org/wiki/Friendship_paradox
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10/18/2022 • 43 minutes, 10 seconds
The 2022 Cheating Epidemic: Chess, Poker, Fishing Make Headlines With (Alleged) Cheating Scandals
Neither Host (Nick/Chris) purport to be experts in any of the matters discussed nor do they accuse any party of specific crimes or dishonesty beyond what's been publicly reported and suggested on open-sourced, third-party platforms.
In this episode, Nick & Chris break down the scandals rocking Chess, Poker, and Fishing in 2022 and dive into why the (alleged) cheaters got caught.
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_______________________________
Googliographyc: TBD
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10/4/2022 • 1 hour, 2 minutes, 10 seconds
Pumpkin, Spice, and Monetizing Fall: Why PSLs Taste Different This Year, Pumpkin Beer Review, Leaf Peeping, and the Fall Top 3
In this episode, the guys talk about how great fall is and how it has turned into a monetary mess. This episode is a bit more free-flowing and includes a 1 v 1 draft of the best three things about fall.
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_________________________________
Googliography
Why Pumpkin Spice Lattes Taste Worse This Year: https://www.newsweek.com/why-starbucks-pumpkin-spice-tastes-different-1739510
History of the Pumpkin Ale: https://www.mentalfloss.com/article/633227/history-of-pumpkin-beer
Pumpkin Ale Wiki: https://en.m.wikipedia.org/wiki/Pumpkin_ale
Economics of Foliage in North Carolina: https://biology.appstate.edu/fall-colors/economics-fall-foliage-tourism-north-carolina
Stephen Fry at the Iron Bowl: https://www.youtube.com/watch?v=e4tTgPYuavk
VooDoo Ranger Atomic Pumpkin: https://www.newbelgium.com/beer/voodoo-ranger-atomic-pumpkin/
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9/25/2022 • 49 minutes, 13 seconds
Monarchy & The State of Nature: Remembering England's Queen Elizabeth II; Modern Monarchies; Game Theory of Why Monarchies Work
In this episode, Nick & Chris remember the Queen of England, Elizabeth II of the House Windsor. They also investigate modern-day monarchies and examine the state of nature and why consolidating power is important and something that subjects and citizens can buy into.
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Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315
Googliography:
http://talks.cam.ac.uk/talk/index/44475
https://www.royal.uk/role-monarchy#:~:text=In%20addition%20to%20these%20State,the%20ideal%20of%20voluntary%20service
https://www.cambridge.org/core/journals/utilitas/article/why-hobbes-state-of-nature-is-best-modeled-by-an-assurance-game/F01F676B16DE015BA13A2E9CA4DC8334
Assurance Game: https://www.gametheory.net/dictionary/Games/AssuranceGame.html
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9/14/2022 • 43 minutes, 16 seconds
Quiet Quitting & Laying Flat - Game Theory of The American (And Chinese) Worker
In this episode, Nick and Chris dive into the new phenomenon known as quiet quitting and laying flat.
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8/26/2022 • 44 minutes
State of Sports in America; How the NFL, MLB, NBA, NHL, and NCAA Football Are Doing in 2022
In this episode, Nick and Chris go league by league discussing the big problems and debates with America's most popular sports and welcome one of Chris' college buddies.
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Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315
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8/18/2022 • 1 hour, 36 minutes, 30 seconds
Elizabeth Holmes: Gaslight, Gatekeep, Girlboss - Ranking The Theranos Founder in our Fraudster Files
In this episode, Nick and Chris rank their second fraudster: Elizabeth Holmes. What's your ranking? Holmes is one of the best and scariest fraudsters that we know about.
On a scale of 1-10, rank her based on:
1) Smart
2) Successful
3) Lucky
4) Evil
5) Lying/Storyteller
_______________________________
Connect with us:
Website: https://www.gametheorypod.com
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Nick on Twitter: @tribnic https://twitter.com/tribnic
Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315
Googliography --
Bad Blood Secrets and Lies in a Silicon Valley Startup https://en.wikipedia.org/wiki/Bad_Blood:_Secrets_and_Lies_in_a_Silicon_Valley_Startup
The Dropout (Elizabeth Holmes Serialized Podcast): https://abcaudio.com/podcasts/the-dropout/
Lean-In Feminism and Elizabeth Holmes: https://www.rollingstone.com/culture/culture-features/elizabeth-holmes-theranos-documentary-lean-in-feminism-811433/
Background on Lean-in feminism: https://en.wikipedia.org/wiki/Lean_In
HBO Documentary: The Founder: https://www.hbo.com/movies/the-inventor
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7/29/2022 • 56 minutes, 51 seconds
How Do you See Yourself? Society, Filters, AI, and Influencers and Their Impact on Your Self-Image
In this episode, Nick and Chris dive into the famous Dove Sketch Commercial and a famous TikTok myth about how your self-image can impact your mental and physiological health.
Connect with us:
Website: https://www.gametheorypod.com
Game Theory on Facebook: https://www.facebook.com/gametheorypod
Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod
Nick on Twitter: @tribnic https://twitter.com/tribnic
Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315
Googliography --
Dove Commercial: https://www.youtube.com/watch?v=XpaOjMXyJGk
Dove Extended Commerical: https://www.youtube.com/watch?v=litXW91UauE
Scar Experiment Prezi: https://prezi.com/ft02tkczyzsa/the-scar-experiment/
Paper (Scar Perception: A Comparison of African American and White Self-identified Patients
https://journals.lww.com/prsgo/Fulltext/2022/05000/Scar_Perception__A_Comparison_of_African_American.53.aspx
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7/22/2022 • 44 minutes, 42 seconds
BONUS ROUND: Show Update; Chess Cast III - World Open in Philly, Candidates, and NFL Blitz Tournament
In this BONUS episode of Game Theory, Nick & Chris update everyone on the coming future of Game Theory and chit-chat about the World Open Chess Tournament in Philly and other chess-related topics.
Typical episodes of Game Theory will resume in episode 36.
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Nick on Twitter: @tribnic https://twitter.com/tribnic
Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315 Read the Blog: (TBD)
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7/14/2022 • 51 minutes, 21 seconds
Bobby Bonilla, Bernie Madoff, and Why the Mets are Idiots with Christian Borkey of the Busted Business Bureau Podcast
In this episode, Nick and Chris welcome Christian Borkey of the Busted Business Bureau Podcast to talk about why in the hell the Mets pay a retired baseball player $1.19 million per year and will continue to do so for another 15 years.
Find BBB and Christian:
https://www.bustedbizbureau.com/
Insta: https://www.instagram.com/bustedbizbureau/
CONNECT WITH US:
Game Theory on Facebook: https://www.facebook.com/gametheorypod
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Nick on Twitter: @tribnic https://twitter.com/tribnic
Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315 Read the Blog: (TBD)
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7/1/2022 • 37 minutes, 55 seconds
Hunt a Deer to Together: The Stag Hunt Problem
In this episode, the boys review an element of Game Theory that seems to fly in the face of every basic tenant of self-interest.
The Stag Hunt, established by French Philosopher Jean-Jacque Rousseau in his work "Discourse on Inequality," creates a game wherein two hunters can either work together to secure a large shared bounty or work separately for a significantly smaller bounty.
This contradicts the Prisoner's Dilemma in which self-interest is always the rational move. In the Stag Hunt, collaboration is the way to go.
CONNECT WITH US:
Game Theory on Facebook: https://www.facebook.com/gametheorypod
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Nick on Twitter: @tribnic https://twitter.com/tribnic
Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315 Read the Blog: http://bit.ly/3R05Y2P **Googliography**
Stag Hunt:
Source of basic description and David Hume examples:
https://en.wikipedia.org/wiki/Stag_hunt#Examples_of_the_stag_hunt
More info on Hume: https://www.britannica.com/biography/David-Hume
Rousseau's Discourse on Inequality: http://www.socsci.uci.edu/~bskyrms/bio/papers/StagHunt.pdf
More info on Rousseau: https://www.britannica.com/biography/Jean-Jacques-Rousseau
Cornell blog: https://blogs.cornell.edu/info2040/2015/09/21/the-stag-hunt-theory-and-the-formation-social-contracts/
Carousel feeding: https://en.wikipedia.org/wiki/Carousel_feeding
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6/24/2022 • 50 minutes, 48 seconds
WTF #3: Speech and Debate: Origins, Events, Strategy, and Culture of America's Debaters
Before heading to Louisville for the 2022 Speech and Debate Nationals, Chirs took a moment to talk to all of use about speech and debate including misconceptions, culture, and history.
CONNECT WITH US:
Email the show: [email protected]
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Nick on Twitter: @tribnic https://twitter.com/tribnic
Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315 Read the Blog: (TBD)
**Googliography**
TBD
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6/15/2022 • 50 minutes, 19 seconds
The Bystander Effect: Cases, Facts, and Myths About Bystanders Watching Crimes and Doing Nothing
In episode 32, Nick and Chris talk about something known as the Bystander Effect. They discuss famous instances as early as the 60s and as recently as 2021.
Watch this episode on YouTube: TBD
CONNECT WITH US:
Game Theory on Facebook: https://www.facebook.com/gametheorypod
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Nick on Twitter: @tribnic https://twitter.com/tribnic
Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315 Read the Blog: (TBD)
** Googliography **
The Bystander Effect: https://en.wikipedia.org/wiki/Bystander_effect
Kitty Documentary 'The Witness' https://en.wikipedia.org/wiki/The_Witness_(2015_American_film)
Psychology's Tall Tales - Bystander Effect
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6/1/2022 • 49 minutes, 48 seconds
Proximity Paradox: Why Businesses Open Across the Street; Supporting Local Business vs National Chains
In this episode, Nick and Chris explain why competing businesses open across the street from one another.
Watch this episode on YouTube: TBD
CONNECT WITH US:
Game Theory on Facebook: https://www.facebook.com/gametheorypod
Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod
Nick on Twitter: @tribnic https://twitter.com/tribnic
Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315
Read the Blog: (TBD)
** Googliography **
Laura Hayes "reporting" on Twitter: https://twitter.com/LauraHayesDC/status/1486068480017326081
TedEd Talk: https://www.youtube.com/watch?v=jILgxeNBK_8
Firms of a Feather Cluster Together (Academic Paper from Indiana Business Review): https://www.youtube.com/watch?v=jILgxeNBK_8
Harvard Business Review: https://www.youtube.com/watch?v=jILgxeNBK_8
Cornell Business Blog: https://blogs.cornell.edu/info2040/2018/09/17/why-do-competitors-open-their-stores-next-to-one-another/
Pats Vs. Genos? https://blogs.cornell.edu/info2040/2018/09/17/why-do-competitors-open-their-stores-next-to-one-another/
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5/20/2022 • 47 minutes, 36 seconds
The Traffic Game: Phantom Traffic Jams; Google Maps Conundrum; Paradoxical Solutions
In episode 30 -- not 31 -- Nick and Chris drive into traffic and how we all need to consider ourselves teammates, or molecules in a fluid... traffic flows.. that's the point.
Watch this episode on YouTube: https://bit.ly/3N4qhco
CONNECT WITH US:
Game Theory on Facebook: https://www.facebook.com/gametheorypod
Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod
Nick on Twitter: @tribnic https://twitter.com/tribnic
Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315
Read the Blog: (TBD)
** Googliography **
How Round Abouts Work: https://science.howstuffworks.com/engineering/civil/roundabouts.htm#:~:text=As%20drivers%20approach%20a%20roundabout,exiting%20at%20their%20chosen%20street
Phantom Traffic Jams: https://www.scienceabc.com/eyeopeners/what-are-phantom-traffic-jams.html#:~:text=A%20phantom%20traffic%20jam%20is,phenomena%20are%20known%20as%20jamitons
Traffic Engineering: https://en.wikipedia.org/wiki/Traffic_engineering_(transportation)
Pinavia Interchange: https://www.reddit.com/r/CitiesSkylines/comments/2wmo8l/pinavia_interchange/
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5/11/2022 • 52 minutes, 49 seconds
Fraudster Files: Billy McFarland, Fyre Fest, and Fallout
In this episode, we start a new series where we rank the most infamous con artists of recent memory. We start with Billy McFarland, the guy behind the infamous Fyre Festival.
** DONATE to Green River High School's Speech & Debate team to help send them to nationals in Louiseville: https://bit.ly/3uXo0IK **
Connect with us:
Watch this Episode on YouTube: https://youtu.be/pIMKSUIQVXI
Facebook: https://www.facebook.com/gametheorypod
Check out the website: https://www.gametheorypod.com
Email the show: [email protected]
Googliograhy:
Fyre Fest on Hulu https://www.hulu.com/movie/fyre-fraud-e47078f3-1c0e-49a8-9da9-c571a7a20fec
Fyre Fest on Netflix https://www.netflix.com/title/81035279
Fyre sues Netflix (in 2022 lol) https://nypost.com/2022/03/04/fyre-festival-causing-woes-with-new-suit-over-netflix-documentary/
Jerry Media's Role: https://www.thedailybeast.com/fyre-fest-scammers-jerry-media-fuckjerry-and-elliot-tebele-sued-for-stealing-a-meme
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4/28/2022 • 47 minutes, 28 seconds
The Monty Hall Problem And The Fights It Starts
Ok, seriously, this isn't a debate. The solution is a statistical fact. In this episode, Nick and Chris explain the Monty Hall problem -- often referred to as the Game Show Problem -- and why people fight over it.
DONATE to Green River High School's Speech & Debate team to help send them to nationals in Louiseville.
Other links:
YouTube Channel
Email the show: [email protected]
Nick on Twitter: @tribnic
Chris on Twitter
Game Theory on Instagram
Website: https://www.gametheorypod.com
Googliography:
21 Movie Clip
Monty Hall Problem Wikipedia
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4/19/2022 • 48 minutes, 2 seconds
Chicago Black Sox - Truth, Myth, Game Theory, and Legend of the 1919 Team that Lost On Purpose
Help sent the Green River High School Speach & Debate team to nationals in Louisville, KY. Click here to donate.
In this history episode, Nick and Chris dive into the 1919 Chicago White Sox. The team was found to have been paid by organized crime groups to lose the World Series on purpose. The players who were thought to have been involved were eventually banned for life with the legendary shoeless Joe Jackson perhaps falsely accused.
With the rise of gambling in 21st century America, players betting on their own sport and being capable of throwing games feels more relevant than ever.
Googliography:
Black Sox:
New York Times "Forget What You Know About The Black Sox Scandal" (Pay Wall)
Black Sox Wikipedia
Eight Men Out:
Wikipedia
Movie Review Cinema Punk
Recent Scandals:
Calvin Ridley - NFL.com
Pete Rose - Wikipedia
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4/6/2022 • 54 minutes, 41 seconds
Medical Match Day, The Stable Marriage Problem, and a Special Guest
In this episode, Nick and Chris are joined by Nick's better half -- Dr. Kim Linden -- to talk about the medical match. What's it like? Do you like it? What are the problems?
We'd all also like to congratulate and wish godspeed upon all those who matched! Remember, this show has a YouTube Channel and you can also check out the website for blogs, etc. Email the show at [email protected]
Follows:
Game Theory on Facebook - https://bit.ly/3u8Jguz
Nick on Twitter - @tribnic
Nick on Insta - @tribnic
Chris on Twitter - @ChrisAndrews315
Special Thanks to Dr. Glaucomflecken and his TikTok - https://www.tiktok.com/@drglaucomflecken
Googliography:
The Match - https://en.wikipedia.org/wiki/National_Resident_Matching_Program#Matching_algorithm
Match Day -
https://en.wikipedia.org/wiki/Match_Day_(medicine)
Stable Marriage Problem - https://en.wikipedia.org/wiki/Stable_marriage_problem#Different_stable_matchings
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3/18/2022 • 1 hour, 3 seconds
War in Ukraine: The Stability / Instability Paradox and The Future of Nuclear War
In this episode, Nick and Chris look at how the Russian invasion of Ukraine is an example of a new war concept called the Stability Instability Paradox.
Game Theory Episode 6 - Nuclear Weapons & The Prisoner's Dilemma - The Ultimate Mexican Standoff
Googliography Pending:
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3/10/2022 • 48 minutes
The Dating Game - How the Apps have Changed Everything and How to Swipe
In this episode, Nick and Chris review the best strategies for freemium online dating platforms like Tinder, Bumble, and Hinge. This episode includes US marriage and meeting history, a review of swipe strategies, and the rise of niche dating apps.
Where to Find us:
Email the show at [email protected].
Participate in the conversation on the Game Theory Facebook page: https://bit.ly/3GwlfSc
Check out the Game Theory Website for more GT-adjacent content: https://www.gametheorypod.com/
Googliography:
https://www.cnbc.com/2022/02/03/owning-crypto-may-make-you-more-desirable-on-the-dating-scene-study-finds.html
https://behavioralscientist.org/online-dating-like-a-game-theorist/#:~:text=Through%20the%20lens%20of%20game,less
https://www.bbc.com/future/article/20191217-how-game-theory-can-help-improve-your-luck-at-dating
https://thevidaconsultancy.com/blog/players-and-playas/
https://www.ted.com/talks/amy_webb_how_i_hacked_online_dating?language=en
https://www.pnas.org/content/pnas/116/36/17753.full.pdf
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2/8/2022 • 44 minutes, 5 seconds
WTF #2: Cryptocurrency, NFTs, Centralized Banking
In this episode, Nick and Chris give you a bar-top discussion of Crypto, NFTs, and how this will impact the future. NOTE: We are not experts.
You can email the show at [email protected]
You can read the full transcript here: https://bit.ly/34jVVBO
Find us on Facebook: https://www.facebook.com/gametheorypod
Watch on YouTube: https://bit.ly/3KIIYlw
NIck's Recommendation: https://www.youtube.com/c/Heatherrobertsoncom/videos
Googliography:
Crypto on the Economy: https://www.economist.com/finance-and-economics/2022/01/01/is-a-greener-faster-and-more-decentralised-alternative-to-bitcoin-possible
OBJ Bitcoin Crash: https://www.sportingnews.com/us/nfl/news/odell-beckham-contract-bitcoin/1e230f0aiwmqa12sxjoxsne7xp
Crypto Ransomeware Mess: https://www.wsj.com/articles/u-s-to-target-crypto-ransomware-payments-with-sanctions-11631885336
NFT Origin Story: https://www.wsj.com/articles/the-nft-origin-story-starring-digital-cats-11620446425
Beeple's $69 million digital image https://www.wsj.com/articles/beeple-nft-fetches-record-breaking-69-million-in-christies-sale-11615477732
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1/27/2022 • 42 minutes, 23 seconds
The Vaccination Game: vaccines, fear, eradication, and freedom
Nick and Chris look into how math and game theory can predict vaccination uptake - the problem might be more complicated than you think.
Googliography:
How Game Theory Could Solve the COVID-19 Rollout https://www.rand.org/blog/2021/03/how-game-theory-could-solve-the-covid-19-vaccine-rollout.html#:~:text=In%20past%20research%2C%20game%20theory,sent%20to%20each%20vaccination%20center
The Pandemic is a Prisoner's Dilemma (New York Times, Subscription Required) https://www.nytimes.com/2020/12/20/health/virus-vaccine-game-theory.html
The Vaccination Game: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC516577/
Social Distancing Game: https://royalsocietypublishing.org/doi/full/10.1098/rspa.2020.0686
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1/19/2022 • 48 minutes, 26 seconds
Las Vegas Raiders and Los Angeles Chargers agree to tie - why this would never work a real life NFL Prisoner's Dilemma
On January 9, 2022 the LV Raiders and LA Chargers will play a football game wherein a tie could be a win-win scenario for both teams. The Raiders and Chargers (if the Indianapolis Colts lose at 1 p.m. est) could both make the NFL playoffs with a tie in the final regular season game of 2021/22.
This NFL Prisoner's dilemma at once both completely different than the classic Game Theory concept and exactly the same as the original dilemma.
In this episode, Nick and Chris quickly examine what makes this different, what makes it the same, and what the teams should do.
Googliography:
NFL Playoff Scenarios: https://www.nfl.com/news/playoff-clinching-scenarios-for-week-18-of-2021-nfl-season
Pro Football Talk: https://profootballtalk.nbcsports.com/2022/01/03/theres-one-way-that-a-chargers-raiders-tie-gets-both-team-into-the-playoffs/
Sports Illustrated: https://www.si.com/extra-mustard/2022/01/03/raiders-chargers-playoff-implications-tie-sunday-night-football-wild-card
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1/5/2022 • 32 minutes, 34 seconds
The Game Theory and Probability of Aliens Are we alone? Is there life out there? How possible is it? What if there is?
Are aliens real? If they are would they want us? In this episode, Nick & Chris look into the math and philosophy of life being out there somewhere.
You can follow the show and participate in discussions on Facebook here: https://www.facebook.com/gametheorypod
If this description doesn't contain resources and a googliography, check back later, it's on the way.
Clips: Arrival, South Park.
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12/15/2021 • 45 minutes, 38 seconds
The Empty Fort Strategy - the craziest military bluff ever
In medieval Chinese myth, a brilliant writer and strategizer documented the best strategies of the day in a book called the thirty-six stratagems. In the separation subsection, there's a bluff called the "Empty Fort Strategy."
This strategy is so crazy, that it just might work.
It enters into the realm of reverse and reverse-reverse psychology in the manner that a bluff in poker does.
In this episode, the guys talk about the Empty Fort Strategy, military bluffs, and general one-upmanship in competition
--------------------------------------------------.
Email the guys: [email protected]
Subscribe to the YouTube Channel: https://bit.ly/3pderlY
Find the show on FB: https://www.facebook.com/gametheorypod
-------------------------------------------------
Googlyography:
EMPTY FORT STRATEGY
Wikipedia: Empty Fort Strategy Wiki: https://en.wikipedia.org/wiki/Empty_Fort_Strategy#:~:text=The%20Empty%20Fort%20Strategy%20is,listed%20in%20the%20following%20sections.
OTHER BLUFFS
Military Bluffs: https://www.kickassfacts.com/10-greatest-bluffs-in-history-that-actually-paid-off/
Military Bluff Reddit: https://www.reddit.com/r/AskHistorians/comments/uabjp/what_are_some_of_the_greatest_military_bluffs_of/
Thirty-six Strategems Wiki: https://en.wikipedia.org/wiki/Thirty-Six_Stratagems
Bluffing Board Games: https://www.boardgamehalv.com/best-bluffing-board-games/
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12/3/2021 • 35 minutes, 13 seconds
Chess cast II: 2021 World championships, history of the championships, and Magnus Carlsen is the GOAT
The chess world championships were delayed in 2020 due to the Covid-19. Now the championships will happen for about ten days in late November 2021.
The match will pit challenger Ian Nepomniatchi against three-time defending champion and world number 1, Magnus Carlsen.
In this episode, Nick and Chris will dive into the history of chess champions and discuss the historic relevance of the current Magnus reign of terror.
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11/19/2021 • 50 minutes, 47 seconds
The Price is Wrong B****! The Price is Right! with researcher Justin Bergner - How to get off contestant's row and how to position yourself for victory
TPIR is entering its 50th season. So, how do you win? How do you avoid losing? Why do people do what they do on contestants' row?
Full resources and description is pending
Helpful Links:
Learn more about Justin: https://bit.ly/3kaj8vk
The Price is Right Stats: https://bit.ly/3BJULul
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11/5/2021 • 34 minutes, 56 seconds
College Football Championship: Why crowning a champion is such a nightmare, and possible solutions
In this episode, the boys talk about college football, the only North American team sport to have huge arguments about who the best team is and who gets the right to challenge for the title.
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10/23/2021 • 52 minutes, 36 seconds
The Big Game Lottery with Trent Williams: How North American hunters gamble for their right to harvest the animals around them and how the system may be broken
In this episode, we start our "We Got a Guy for that" series for when we're out of our depth (which is usually the case). Our friend Trent Williams (Not the superstar left tackle for the San Francisco 49ers), has more than 1K subscribers on his outdoor YouTube channel and is an avid and expert hunter and angler.
We discuss the difference between state tag lottery systems and the North American conservation model.
Find more about Trent:
YouTube: https://www.youtube.com/channel/UC3oydSanPXCVH6gO3pAorTg/videos
Facebook: https://www.facebook.com/TrentWilliamsOutdoors
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10/12/2021 • 32 minutes, 57 seconds
Ground zero for women's rights is in Wyoming
Contact the show at [email protected]
Resources:
Women's Suffrage in Wyoming: https://en.wikipedia.org/wiki/Women%27s_suffrage_in_Wyoming#cite_ref-:4_15-1
WyoHistory: https://www.wyohistory.org/encyclopedia/women-jury-wyoming-makes-history-again
Right Choice, Wrong Reasons: https://www.wyohistory.org/encyclopedia/right-choice-wrong-reasons-wyoming-women-win-right-vote
150 years of women in Wyoming https://www.powelltribune.com/stories/celebrating-wyomings-history-of-remarkable-women-leaders,30486
Wyoming Women, a timeline: https://wywf.org/wyoming-womens-history/
Further reading:
https://www.usatoday.com/in-depth/life/women-of-the-century/2020/08/13/wyoming-woman-equal-rights-first-state-women-voting-rights/5021228002/
NOTE: Game Theory is educational and conversational - it is not meant to be 100% accurate. We will make relevant corrections in subsequent episodes.
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8/26/2021 • 34 minutes, 13 seconds
Why are DoorDash and Uber prices so high? Why share a gold medal? The traveler's dilemma
You can find our website at https://www.gametheorypod.com and leave a voice message there to be featured on the show.
You can also now watch full episodes on our YouTube Page: https://www.youtube.com/channel/UCmjAxkps9wzDeMyZPWzhFCg
Resources:
Decline Now Movement games the algorithm: https://www.bloomberg.com/news/articles/2021-04-06/doordash-workers-are-trying-to-game-the-algorithm-to-increase-pay
High Jumpers share gold: https://www.youtube.com/watch?v=GjSCT97GSsA
Understanding the Traveler's Dilemma: https://www.investopedia.com/terms/t/travelers-dilemma.asp
More on the subject:
"DoorDash's Revenue Triples during pandemic" by the Wall Street Journal https://www.wsj.com/articles/doordashs-revenue-triples-amid-sustained-demand-for-food-delivery-11620936876?page=1
More Reporting on the #declinenow movement from vice: https://www.vice.com/en/article/3anwdy/organized-doordash-drivers-declinenow-strategy-is-driving-up-their-pay
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8/18/2021 • 34 minutes, 26 seconds
Pokemon Cards - Collect or play? Keep or Sell?
Contact the show: [email protected]
Pokemon cards have made a huge comeback for collectors, selling at massive prices. But, they've also made a comeback in popularity for players. In this episode Nick and Chris talk about their experience with the trading card game, the current market, and the current competative landscape.
Resources:
https://shop.tcgplayer.com/pokemon
Quarter million dollar sale. https://www.pennlive.com/life/2021/07/pa-auction-houses-record-breaking-sale-included-rare-shadowless-pokemon-cards.html
Most valuable pokemon cards: https://www.forbes.com/sites/joeparlock/2021/03/05/the-top-10-most-valuable-pokmon-tcg-cards-that-you-might-actually-own/
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8/3/2021 • 41 minutes, 7 seconds
Northern White Rhino and Natural Selection
The last male northern white rhino died in 2018. There are two (known) females left. Should we intervene?
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7/29/2021 • 30 minutes, 34 seconds
Alan Turing: Lying to the US, his own countrymen, and winning WWII
Nick and Chris wave goodbye to Pride Month 2021 with a look at how Alan Turing and the British were able to keep the fact that they cracked Enigma a secret from everyone for so long.
Ad: Elope Jackson https://bit.ly/3jm2d9r
Resources:
https://www.theguardian.com/science/blog/2014/nov/28/imitation-game-alan-turing-us-intelligence-ian-fleming
https://drenigma.org/2018/06/13/did-the-nazis-know-the-british-were-breaking-the-enigma-codes/
https://www.bbc.com/news/science-environment-18561092
Email the show at [email protected]
Follow Nick on Twitter at @tribnic
Follow the show on Insta at @Gametheorypodcast
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6/29/2021 • 49 minutes, 29 seconds
Cicada survival strategies and how they relate to the capitol riots and the malice at the palace
Ep 8
YouTube: https://bit.ly/3igjccJ
Cicadas are so unathletic and unimpressive that they need a weird adaptation to survive. That adaptation is power in numbers. When they emerge, there are far too many of them for predators to eat them all. Also, they aren't above ground for long enough for preditors to adapt and focus solely on them.
Humans do something similar in large groups or mobs. Think of the infamous Malice at the palace or the capitol riots. In those cases, there are going to be some people who participated just passively enough to get away with it because the authorities just can't possible get them all.
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6/5/2021 • 27 minutes, 30 seconds
Better movie or series? Marvel, Game of Thrones, and Inglorious Basterds
The Marvel Cinnematic Universe is perhaps the most successful entertainment venture in world history. BUT. Would it have been better as a series on Netflix, Hulu, or HBO? Chris and Nick get into a natural fight about this topic. Nick says series, Chris says he doesn't understand. Would you like a more detailed episode on the film and TV industry? email us at [email protected]
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5/28/2021 • 37 minutes
Nuclear Weapons & the prisoner's dilemma - The ultimate Mexican standoff:
Nuclear weapons are a cheat code for war. How the prisoner's dilemma plays out on a global stage.
Full episode blog: https://bit.ly/2RuG8dc
Relevant links:
The Office Clip: https://bit.ly/3eUoyrO
Inglorious Bastards Mexican Standoff: https://bit.ly/3tYIzSz
Learn more about the show at https://www.gametheorypod.com
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5/18/2021 • 44 minutes, 45 seconds
Friend or Foe? The Prisoner's Dilemma Game Show, Unconscious Bias, and Which You Should Choose
Resources used in this episode:
Kalist Research from the Journal of Statistics Education by Taylor & Francis.
Citation: David E. Kalist (2004) Data from the Television Game Show “Friend or Foe?”, Journal of Statistics Education, 12:3, DOI: 10.1080/10691898.2004.11910634
URL: https://bit.ly/3hiqSur
Friend of Foe? Wikipedia: https://bit.ly/3vWKmsz
Friend of Foe? Wiki Fandom: https://bit.ly/3vWKmsz
Without Prejudice game show wikipedia: https://bit.ly/3tEtuVQ
Kennedy Official Fox Business: https://fxn.ws/2RHdZiL
Kennedy Wikipedia: https://bit.ly/3tHpXWN
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5/11/2021 • 44 minutes, 45 seconds
Rock Paper, Scissors: Nash Equilibrium, Strategy, and Use in US case law
How RPS works, why it's basically luck, and this one time it was used to settle an argument.
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4/27/2021 • 38 minutes, 22 seconds
The Good Assassination: McKinley & Roosevelt and how JP Morgan, Carnegie, and Rockefeller screwed up
In this episode, we discuss the assassination of President William McKinley and the presidency of Theodore Roosevelt. Resources:
The Men Who Built America Review: (https://n.pr/3dVcRja)
Robert Todd Lincoln Curse: (https://bit.ly/3sihdG2)
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4/13/2021 • 45 minutes, 26 seconds
Moneyball: what the film left out and why (sample) size matters
In this episode, Nick and Chris talk about the idea and film Moneyball. Learn more: The Atlantic - The problems with the movie https://bit.ly/3dFWaYC Moneyball film Rotten Tomatoes: https://bit.ly/3dB32qb Buy the Book: https://amzn.to/3wofnqm Meditation in a Toolshed by C. S. Lewis https://bit.ly/3dHHybn You can watch this episode on YouTube here: https://bit.ly/3dBnEie
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4/6/2021 • 46 minutes, 29 seconds
EP 01: WTF is Chess? Basics, Background and the Queen's Gambit
Welcome to Game Theory! If you're new here, below are links to some of our best episodes. We recommend starting with them.
Black Friday Prisoner's Dilemma -
Apple: https://bit.ly/3GX3dwd
Spotify: https://bit.ly/3WR9oXW
Quiet Quitting -
Apple: https://bit.ly/3WUuqoI
Spotify: https://bit.ly/3WYZQu3
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Chess is the perfect example of a zero-sum game and it's arguably never been more popular.
In this episode, Nick and Chris answer the question: What is Chess?
Learn more about this episode: https://www.gametheorypod.com/post/wtf-is-chess
References:
Garry Kasparov Masterclass https://bit.ly/38DXYzM
'My System' by Aron Nimzowitschb https://amzn.to/3rNYPVZ
'Pawn Power in Chess' by Hans Kmoch https://amzn.to/38Bqu50
Chess.com Queen's Gambit Review http://bit.ly/3bJ02Zi
Game Theory is a Product of Game Theory Media
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3/26/2021 • 34 minutes, 37 seconds
Game Theory: A podcast about competition, strategy, and policy
Brothers Nick and Chris Andrews bring you a basic, chill series about all things surrounding competitive decision-making. The topics will include games, sports, policy, history, and warfare.
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