Was von Neumann right?pic.twitter.com/U4LLrNMAv7
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This point is also made by Adam Curtis in his documentaries. He depicts it as a heroic victory of human solidarity (social democracy) over cold ‘neoliberal’ game theorists. Curtis said, IRC, that secretaries when shown the prisoner’s dilemma made the ‘wrong’ choices.
The secretaries made the correct choice in game theoretic terms: they were being asked to play a "small" game (Prisoners dilemma) within a "large" game (social perception within corporation). They didn't want to be perceived as untrustworthy within the context large game ...
... which determined their lived experience via status / perception in the corporation, so they deliberately / intuitively made the technically "wrong" play in the PD in order to ensure their status in their community. Ironically, Curtis completely misreads / represents this.
Precisely my view as well. The theorists simply misspecified the objective function, as they often do.
He may have take poetic licence. It smacks of feminine (feminist) empathy overcoming mean and cold Dr Strangelove-types—possible ideological motivation in his presentation. But Curtis knows his stats and science. And perhaps it did happen like that.
It isn't even a gendered issue. Anyone who has tried to build business relationships understands intuitively that many positive-sum interactions require long-term trust.
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