Benjamin (schmuhl) - Salt Lake City, UT (81 books)

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Rock, Paper, Scissors: Game Theory in Everyday Life
by Len Fisher

read in October, 2010

My rating:

Game theory investigates the motives and dilemmas of social interactions relative to selfishness and cooperation. As we understand game theory we can increase our chances of finding satisfying resolutions by adopting new strategies or even by just h...moreGame theory investigates the motives and dilemmas of social interactions relative to selfishness and cooperation. As we understand game theory we can increase our chances of finding satisfying resolutions by adopting new strategies or even by just having a clearer view of social dilemmas and their underlying causes. In his book on the subject, Rock Paper Scissors, Len Fisher gives the following ten tips:

1. Keep the same strategy if you’re winning, shift strategies if you lose.
2. Bring a third player in. They can be a known negotiator or a known cheater – either way it helps.
3. Set up reciprocity. Knowing that you’ll deal with people after a conflict can increase the incentive to cooperate.
4. Limit future options or provide incentives. This shows that you are committed to the best possible outcomes.
5. Offer trust. It’s simple, but it can be effective.
6. Create a situation from which neither party can escape from without loss.
7. Use side-payments to maintain cooperation.
8. Know the seven deadly dilemmas and avoid the worst outcomes:
a. The Prisoner’s Dilemma – all must cooperate or all fail.
b. The Tragedy of the Commons (a series of Prisoner's Dilemmas) –self-interest prevents cooperation despite impending long-term failure.
c. The Free Rider problem - people taking advantage of a community resource without contributing to it.
d. Chicken/Brinkmanship - each side tries to push the other as close to the edge as they can, with each hoping that the other will back down first.
e. The Volunteer’s Dilemma - someone must make a sacrifice on behalf of the group, but if no one does, then everyone loses out.
f. The Battle of the Sexes - two people have different preferences, but each would rather share the other's company than pursue their own preference alone.
g. Stag Hunt - cooperation between members of a group gives them a good chance of success in a risky, high-return venture, but an individual can win a guaranteed but lower reward by breaking the cooperation and going it alone.
9. Work to create transparent processes that are inherently fair.
10. Favor smaller groups, it’s easier to foster trust and cooperation(less)

Benjamin gave

to:

Grip of the Shadow Plague by Brandon Mull

Grip of the Shadow Plague (Fablehaven, #3)
by Brandon Mull

read in September, 2010

My rating:

I really enjoyed reading this book with/against my daughter!

Benjamin is on page 5 of 288 of Rock, Paper, Scissors

Rock, Paper, Scissors: Game Theory in Everyday Life
by Len Fisher

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Benjamin gave

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The Fundamentals of Pa Kua Chang
by Park Bok Nam

read in March, 2010

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Benjamin gave

to:

1491: New Revelations of the Americas Before Columbus
by Charles C. Mann

read in March, 2010

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Benjamin gave

to:

The 4 Hour Workweek, Expanded And Updated by Timothy Ferriss

The 4 Hour Workweek, Expanded And Updated: Expanded And Updated, With Over 100 New Pages Of Cutting Edge Content.
by Timothy Ferriss

read in March, 2010

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Benjamin is currently reading:

Priesthood and Church Government
by John A. Widtsoe

My rating:

Benjamin gave

to:

Agent Bishop: True Stories from an FBI Agent Moonlighting as a Mormon Bishop
by Mike Mcpheters

read in January, 2010

My rating:

An interesting book, I mean who doesn't want to know more about the FBI? Even if it's like 1950s FBI. It was fun to see how he balanced religion and law enforcement and I am happy to see that he could do it.

Benjamin gave

to:

Doctrines of Salvation. Complete Three-Volume Work [3-in-1]. Ser... by Joseph Fielding Smith Jr.

Doctrines of Salvation. Complete Three-Volume Work [3-in-1]. Sermons & Writings of Joseph Fielding Smith.
by Joseph Fielding Smith Jr.

read in January, 2010

My rating:

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Benjamin added the Goodreads iPhone app
Jan 02, 2011 12:46pm
Benjamin gave to: Rock, Paper, Scissors: Game Theory in Everyday Life by Len Fisher read in October, 2010	My rating:
Game theory investigates the motives and dilemmas of social interactions relative to selfishness and cooperation. As we understand game theory we can increase our chances of finding satisfying resolutions by adopting new strategies or even by just h...more
Oct 22, 2010 01:09pm · see review
Benjamin gave to: Grip of the Shadow Plague (Fablehaven, #3) by Brandon Mull read in September, 2010	My rating:
I really enjoyed reading this book with/against my daughter!
Oct 22, 2010 01:08pm · see review
Benjamin is on page 5 of 288 of Rock, Paper, Scissors Rock, Paper, Scissors: Game Theory in Everyday Life by Len Fisher progress:	My rating:
Aug 16, 2010 08:30am · like · see status
Benjamin gave to: The Fundamentals of Pa Kua Chang by Park Bok Nam read in March, 2010	My rating:
Mar 24, 2010 05:42pm
Benjamin gave to: 1491: New Revelations of the Americas Before Columbus by Charles C. Mann read in March, 2010	My rating:
Mar 24, 2010 05:42pm
Benjamin gave to: The 4 Hour Workweek, Expanded And Updated: Expanded And Updated, With Over 100 New Pages Of Cutting Edge Content. by Timothy Ferriss read in March, 2010	My rating:
Mar 18, 2010 03:50pm
Benjamin is currently reading: Priesthood and Church Government by John A. Widtsoe	My rating:
Feb 02, 2010 10:06am
Benjamin gave to: Agent Bishop: True Stories from an FBI Agent Moonlighting as a Mormon Bishop by Mike Mcpheters read in January, 2010	My rating:
An interesting book, I mean who doesn't want to know more about the FBI? Even if it's like 1950s FBI. It was fun to see how he balanced religion and law enforcement and I am happy to see that he could do it.
Feb 02, 2010 09:59am · see review
Benjamin gave to: Doctrines of Salvation. Complete Three-Volume Work [3-in-1]. Sermons & Writings of Joseph Fielding Smith. by Joseph Fielding Smith Jr. read in January, 2010	My rating:
Jan 04, 2010 07:26am

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