Saturday, 22 March 2025

GAME THEORY APPLIED TO SOCIETAL WAY OF LIFE

 I followed the lessons on System Enginering at university where one of the major coverage was based on the famous "Game Theory" of John von Neumann. It is not very easy to understand this concept . We mostly think Darwinian , such as the "might has right" , "the best adaptive living , survive and reproduce the most". Than natural selection occurs.

"Adam Smith" famous economic theory "The Invisible Hand" advocating "the individuals pursuing their own self intersts, inadvertently contribute to overall economic good of all society". This not different than Darwinian viewpoint. On the contrary the most benficial behaviour or act might be adventegous to the person or institution or a company , but may not be in favour to the whole society. 

The Game Theory clearly demonstrate that our instantenuous decision, may not the be most rationnaly beneficial one even for ourself in a long run. Mostly the more beneficial to the whole society , can't be the best for ourself alone, which looks contradictory to our immediate interest and advantage.

In chess you may sacrific the queen in order to checkmate.

Our ultimate objective mustn't be our sole prosperity.We live in a society , it wouldn't prefable to be left alone in nature though being the strongest and wisest living creature among other living creatures.

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