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Hidden Games: The Surprising Power of Game Theory to Explain Irrational Human Behavior Hidden Games: The Surprising Power of Game Theory to Explain Irrational Human Behavior by Erez Yoeli
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Hidden Games Quotes Showing 1-4 of 4
“In the ultimatum game, it is very common to see fifty-fifty splits. Pretty intuitive. It is also common to see that when the first subject offers too little, say one or two dollars, her partner rejects the offer. Again, intuitive. And it makes sense: after all, our sense of justice is designed to prevent people from walking all over us, and when they do, we must strike back (see Chapter 14). The experiment is working beautifully: our sense of justice is nicely spilling over to this silly little game. But”
Moshe Hoffman, Hidden Games: The Surprising Power of Game Theory to Explain Irrational Human Behaviour
“Humans are uniquely adapted to learn and imitate complex behaviors whose function is difficult to ascertain. One way we do this is by overimitating—imitating behaviors that seem entirely unnecessary (unless you are an overconfident, ethnocentric European colonialist”
Moshe Hoffman, Hidden Games: The Surprising Power of Game Theory to Explain Irrational Human Behaviour
“in Man’s Search for Meaning, Auschwitz survivor Viktor Frankl argues that the key thing that distinguished campmates who perished from those who survived was a sense of meaning. Those who had it survived; those who didn’t succumbed. Frankl went on to counsel people to find a sense of meaning in life, founding an entire school of therapy around this principle known as logotherapy. But what gives us a sense of meaning? And why can’t we just get meaning from whatever it is that we’re already doing? Our broad-strokes answer suggests that we’ll get a sense of meaning from things that are socially rewarded.”
Moshe Hoffman, Hidden Games: The Surprising Power of Game Theory to Explain Irrational Human Behaviour