in my behavioral econ classes, game theory was presented as a universal model for understanding human behavior in social/political contexts now i’m wondering if it’s more like a historical description of how a specific type of strategic mind worked in the mid 20th century
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Many of the concepts Nash and Shapley developed in the mid-century are simple enough to be taught in undergrad levels, introducing layers of complexity to account for human weirdness would be WAY above that level
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But the assumptions they make allow them to be mathematically rigorous, and their discoveries have proven to be incredibly useful in many situations that have nothing to do with actual human behavior. For example, machine learning and AI
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