Polymath • 21d
Does anyone knows about the "Game Theory"🦊("The prisoner's dilemma) Great powers don’t always win by defecting. They win by knowing when to cooperate, when to defect, and how to design the “game” itself in their favor. 🧠 How Powers “Win” at the Prisoner’s Dilemma in Real Life 1. Think Iterated Game → Nations rarely interact once. Repeated interactions (trade, diplomacy, treaties) encourage trust. 2. Use Credible Commitments → Binding treaties, sanctions, and inspections reduce temptation to defect. 3. Build Reputation → A country that consistently defects loses allies. A cooperative reputation attracts investment, alliances, and trust. 4. Shadow of the Future → Remind opponents that today’s choices affect tomorrow’s negotiations. 5. Strategic Defection → Sometimes defecting at the right moment (e.g., sanctions, tariffs, surprise military show) forces the other side back to the negotiation table. even Naval Ravikant talks about learning game theory skills in real life and implement in your daily life,very much required for Entrepreneurs for closing great deals interested people can read the book Thinking Strategically” – Avinash K. Dixit & Barry Nalebuff
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