Game Theory (Game Theory)

In this episode, we start our "We Got a Guy for that" series for when we're out of our depth (which is usually the case). Our friend Trent Williams (Not the superstar left tackle for the San Francisco 49ers), has more than 1K subscribers on his outdoor YouTube channel and is an avid and expert hunter and angler. 

We discuss the difference between state tag lottery systems and the North American conservation model. 

Find more about Trent: 

YouTube: https://www.youtube.com/channel/UC3oydSanPXCVH6gO3pAorTg/videos

Facebook: https://www.facebook.com/TrentWilliamsOutdoors

Brothers Nick and Chris Andrews bring you a basic, chill series about all things surrounding competitive decision-making. The topics will include games, sports, policy, history, and warfare. 

The last male northern white rhino died in 2018. There are two (known) females left. Should we intervene? 

In this episode, Nick and Chris break down the current job market. They get into jobs vs careers and ghost jobs (34:00).

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Buy Justin's Book!! https://bit.ly/3KaMdnZ

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Connect with the show:

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Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod

Nick on Twitter: @tribnic https://twitter.com/tribnic

Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315 _____________________________________________

Googliography:

WSJ:

HR Exec Survey:

https://www.wsj.com/articles/that-plum-job-listing-may-just-be-a-ghost-3aafc794

Return to the Office Has Stalled:

https://www.wsj.com/articles/the-return-to-the-office-has-stalled-e0af9741?mod=hp_lead_pos1

Laid-off Workers Are Flooded With Fake Job Offers:

https://www.wsj.com/articles/laid-off-workers-are-flooded-with-fake-job-offers-11673387875

Electrician Apprentice Shortage:

https://www.motherjones.com/environment/2023/04/electrician-shortage-training-inflation-reduction-act-fossil-fuels/

Summary

The conversation explores the fraudulent practices of buying followers and streams in the music industry and social media platforms.

It discusses the incentives for marketing firms to manipulate engagement numbers and the challenges of creating a level playing field.

The conversation also touches on the impact of these practices on the broader public and the difficulty in distinguishing between real engagement and bot activity. The episode highlights the need for platforms to crack down on these fraudulent practices and the potential financial losses for artists and the industry.

In this conversation, the hosts discuss various topics including the decline in the number of teenagers getting driver's licenses, the decrease in sexual activity among teenagers and adults, Amazon's use of workers in India to monitor its just walk out stores, and the manipulation of streaming numbers on platforms like Spotify and TikTok.

They also touch on the formula for writing a popular pop song and the prevalence of content farms and click farms. The hosts express their fascination with these topics and speculate on the future of these issues.

Keywords

fraudulent practices, buying followers, buying streams, music industry, social media platforms, marketing firms, engagement numbers, level playing field, bot activity, driver's licenses, decline, teenagers, sexual activity, Amazon, just walk out stores, India, streaming numbers, Spotify, TikTok, pop songs, content farms, click farms

Takeaways

Fraudulent practices of buying followers and streams are prevalent in the music industry and social media platforms.

Marketing firms manipulate engagement numbers to guarantee results, creating an artificial advantage and raising the bar for competitors.

Distinguishing between real engagement and bot activity is challenging, leading to an unequal playing field.

These practices have broader implications for the public, as the internet becomes inundated with artificial engagement.

Platforms need to crack down on fraudulent practices to protect artists and maintain the integrity of the industry. The number of teenagers getting driver's licenses has declined significantly over the years.

There has been a decrease in sexual activity among teenagers and adults.

Amazon's just walk out stores rely on workers in India to monitor customer behavior.

Streaming platforms like Spotify and TikTok have been accused of manipulating streaming numbers.

There is a formula for writing a popular pop song.

Content farms and click farms are prevalent in the digital world.

Titles

The Impact on the Public: Navigating the Dead Internet

Cracking Down on Fraud: Protecting Artists and the Industry The Decrease in Sexual Activity

The Formula for Writing a Popular Pop Song

Sound Bites

"They're just pressing play over and over and over again."

"They can guarantee a minimum amount of streaming increase and a minimum amount of sales increase."

"It's impossible to put artists on an equal footing with each other or record labels on an even footing with each other."

"Driver's license was where she broke up with a guy and just kept driving past his house. And like, who doesn't relate to that, you know? Like, who doesn't relate to that?"

"So in 95, two thirds of American teenagers 16 to 19 had driver's licenses. And today it's less than half."

"People have been having less sex, whether they're teenagers or 40-somethings. It's just having less."

Chapters

00:00 Introduction and Personal Updates

09:06 Unveiling the Fraud: Buying Followers and Streams

26:09 The Impact on the Public: Navigating the Dead Internet

38:00 Amazon's Use of Workers in India for Just Walk Out Stores

47:31 The Prevalence of Content Farms and Click Farms

In this episode, Nick & Chris look into the recent history of hosting the Olympic games and the World Cup. The episode includes discussions of collusion between FIFA and Qatar and Russia, how Brazil improved on its experience after the World Cup, and how the future is collaborative.  Time Stamps: Look ahead (2:02) - Lindt vs Garibaldi, Next episodes [How to Win Christmas and Hanukka/Year-in-Review]. Russia and Brazil (14:40) - Russia using olympics for cover to wage war. Qatar Scandals (36:50)  - Suspicious journalist deaths, banning LGBT+ messaging, limiting sales and advertising of alcohol.  History of Fraudulent Bidding (40:50) - Sepp Blatter, FIFA, Netflix Documentary,  Next World Cup Locations (46:15) ____________________________________ Connect with us: SIGN UP FOR THE NEWSLETTER!! https://www.aweber.com/users/landing_pages/import/edd1ed06-af90-4c3a-a41c-bd1096ce45cb BRAND NEW SUBREDDIT Shouts to Player 3 John for making it happen! https://www.reddit.com/r/gametheorypod/comments/w35b8d/welcome_to_rgametheorypod/ _________________________________ Website: https://www.gametheorypod.com Game Theory on Facebook: https://www.facebook.com/gametheorypod Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod Nick on Twitter: @tribnic https://twitter.com/tribnic Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315

In this episode, Nick and Chris investigate the so-called consolidation-disruption index, impact factor, patient rights and the overall slog of scientific research. They also look at Ig Nobel Prizes, the Bell Laboratories history and discuss AI in language. 

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Connect with the show:

Watch the episode on YouTube: https://bit.ly/3Dzux1a

Reddit: https://www.reddit.com/r/gametheorypod/comments/w35b8d/welcome_to_rgametheorypod/

Website: https://www.gametheorypod.com

Game Theory on Facebook: https://www.facebook.com/gametheorypod

Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod

Nick on Twitter: @tribnic https://twitter.com/tribnic

Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315's choice to abandon Trenton and march on Princeton.

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Googliography: 

Consolidation-Disruption Index https://www.theatlantic.com/newsletters/archive/2023/01/academia-research-scientific-papers-progress/672694/

Father of Ob/Gyn
https://www.npr.org/sections/thetwo-way/2018/04/17/603163394/-father-of-gynecology-who-experimented-on-slaves-no-longer-on-pedestal-in-nyc#:~:text=Press-,'Father%20Of%20Gynecology%2C'%20Who%20Experimented%20On%20Enslaved%20Women%2C,Park%20statue%20to%20a%20cemetery.

2018 Nobel Prize Winners James Allison and Tasuku Hanjo https://www.nobelprize.org/prizes/medicine/2018/summary/

"Papers and patents are becoming less disruptive over time
https://www.nature.com/articles/s41586-022-05543-x

Ig Nobel Prize
https://en.wikipedia.org/wiki/Ig_Nobel_Prize#:~:text=The%20Ig%20Nobel%20Prize%20(%2F%CB%8C,trivial%20achievements%20in%20scientific%20research.

Episode 105. In this episode, the hosts discuss various topics including the challenges of moving, a dating app lawsuit, the impact of Seattle's delivery laws, AI-generated content, the secretary problem, and the application of cardinal and ordinal information in decision making. They also touch on Euler's constant and its significance in mathematics. The conversation explores the use of optimal stopping theorem and the 37% rule in decision making processes. The hosts provide insights into the housing market and the importance of considering both cardinal and ordinal information when making choices. The conversation explores the secretary problem and its applications in real life decision-making, such as hiring and dating. It discusses the odds of finding the best candidate and how mathematical value can improve decision-making. The objections to the secretary problem are also examined, highlighting the limitations of its application in real-life scenarios. The importance of being boring and the value of the first candidate through the door are emphasized. The conversation concludes with a lighthearted discussion on the optimal dressing problem and random banter. Takeaways Moving can be a challenging experience that can disrupt regular activities and hobbies. Dating apps may face legal action for allegedly using gambling strategies to keep users addicted. Seattle's delivery laws have resulted in unintended consequences, such as decreased orders and lower tips. AI-generated content and scripts are being explored in various industries, including the film industry. The secretary problem and optimal stopping theorem provide mathematical solutions for decision making processes. Cardinal and ordinal information play a role in decision making, with cardinal information providing more precise evaluations. Mathematical value can improve decision-making in scenarios like hiring and dating. The secretary problem has limitations in real-life decision-making due to factors like cardinal or relative goodness and the availability of information. Being boring can be a smart and aggressive approach to decision-making. The first candidate through the door can often be the best choice. The optimal dressing problem is a relatable example of decision-making with emotional factors. Chapters 00:00 Introduction and Technical Difficulties 01:12 The Challenges of Moving 01:56 Dating App Lawsuit 03:00 The Goal of Electronic User Products 04:02 Freerice.com and Ad Revenue 05:13 DoorDash and Seattle's Ordinance 06:02 The Impact of Seattle's Delivery Laws 07:16 The Purpose of Food Delivery Jobs 08:09 AI-Generated Content and the Madam Web Movie 09:20 The Theory of AI-Generated Scripts 10:13 AI in Commercials 10:56 Upcoming Episodes: AI-Generated Content, Insurance, and Cicadas 12:08 The Secretary Problem and Optimal Stoppage Theorem 15:37 Applying the Secretary Problem to Housing 18:11 Cardinal and Ordinal Information 19:13 Optimal Stopping Theorem and Euler's Constant 23:36 Euler's Number and Its Applications 28:16 Cardinal vs Ordinal Information in Decision Making 36:01 The Odds of Finding the Best Candidate 37:34 The Secretary Problem in Real Life 38:53 The Dating and Marriage Problem 40:02 Objections to the Secretary Problem 44:03 The Importance of Being Boring 46:25 The First Candidate Through the Door 47:48 The Optimal Dressing Problem 49:13 Random Banter Links: https://www.reddit.com/r/slatestarcodex/comments/azpkge/the_secretary_problem_is_too_bad_a_match_for_real/?rdt=45403

In this episode, Nick and Chris look into the game theory of perverse incentives including the cobra effect. They meander into adjacent topics such as unintended consequences and the horseshoe theory of politics.

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 Buy Justin's Book!! https://bit.ly/3KaMdnZ 

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Connect with the show: 

Reddit: https://www.reddit.com/r/gametheorypod/comments/w35b8d/welcome_to_rgametheorypod/ 

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Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod 

Nick on Twitter: @tribnic https://twitter.com/tribnic 

Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315

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Resources:

Perverse Incentives: https://en.wikipedia.org/wiki/Perverse_incentive

Streisand Effect: https://en.wikipedia.org/wiki/Streisand_effect

Denver Elementry School Families of Color event: https://www.reuters.com/article/factcheck-denver-elementary/fact-check-denver-elementary-school-says-families-of-color-event-was-open-to-all-families-idUSL1N2T1207

NFL Safety Regulations: https://profootballtalk.nbcsports.com/2018/03/27/players-alone-cant-be-responsible-for-using-helmets-as-weapons/

In this episode, Nick & Chris break down some of America's best dating shows.

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Connect with the show:

Reddit: https://www.reddit.com/r/gametheorypod/comments/w35b8d/welcome_to_rgametheorypod/

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Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod

Nick on Twitter: @tribnic https://twitter.com/tribnic

Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315's choice to abandon Trenton and march on Princeton.

In this episode, Nick and Chris breakdown the basic game theory concept called the centipede game. _____________________________________________ Buy Justin's Book!! https://bit.ly/3KaMdnZ _____________________________________________ Connect with the show: Reddit: https://www.reddit.com/r/gametheorypod/comments/w35b8d/welcome_to_rgametheorypod/ Website: https://www.gametheorypod.com Game Theory on Facebook: https://www.facebook.com/gametheorypod Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod Nick on Twitter: @tribnic https://twitter.com/tribnic Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315 _____________________________________________

In this episode, Nick and Chris go league by league discussing the big problems and debates with America's most popular sports and welcome one of Chris' college buddies.

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Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315

Contact the show: gametheorymedia1@gmail.com Pokemon cards have made a huge comeback for collectors, selling at massive prices. But, they've also made a comeback in popularity for players. In this episode Nick and Chris talk about their experience with the trading card game, the current market, and the current competative landscape.  Resources: https://shop.tcgplayer.com/pokemon Quarter million dollar sale. https://www.pennlive.com/life/2021/07/pa-auction-houses-record-breaking-sale-included-rare-shadowless-pokemon-cards.html Most valuable pokemon cards: https://www.forbes.com/sites/joeparlock/2021/03/05/the-top-10-most-valuable-pokmon-tcg-cards-that-you-might-actually-own/

In this episode, Nick and Chris take all of your money at the poker table. _____________________________________________ Send our high school to nationals! Link: https://bit.ly/3olMkV4 _____________________________________________ Buy Justin's Book!! https://bit.ly/3KaMdnZ _____________________________________________ Connect with the show: Reddit: https://www.reddit.com/r/gametheorypod/comments/w35b8d/welcome_to_rgametheorypod/ Website: https://www.gametheorypod.com Game Theory on Facebook: https://www.facebook.com/gametheorypod Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod Nick on Twitter: @tribnic https://twitter.com/tribnic Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315

Ok, seriously, this isn't a debate. The solution is a statistical fact. In this episode, Nick and Chris explain the Monty Hall problem -- often referred to as the Game Show Problem -- and why people fight over it.  DONATE to Green River High School's Speech & Debate team to help send them to nationals in Louiseville. Other links: YouTube Channel Email the show: gametheorymedia1@gmail.com Nick on Twitter: @tribnic Chris on Twitter Game Theory on Instagram Website: https://www.gametheorypod.com Googliography: 21 Movie Clip  Monty Hall Problem Wikipedia

In this episode, Nick and Chris explain how you can lose all of your money asking for "just one more"

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Send our high school to speech and debate nationals! Link: https://bit.ly/3olMkV4

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Nick on Twitter: @tribnic https://twitter.com/tribnic

Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315

In this episode, Nick and Chris look at how the Russian invasion of Ukraine is an example of a new war concept called the Stability Instability Paradox.

Game Theory Episode 6 - Nuclear Weapons & The Prisoner's Dilemma - The Ultimate Mexican Standoff 

Googliography Pending:

In this episode, Nick & Chris discuss the mathematical principles behind the friendship paradox and why it seems like your friends have more friends than you do. It's because they probably do. 

Also, we are officially going weekly! Be sure to leave a five-star review on Apple Podcasts if you want others to find the show and share it with your friends and colleagues, even if you think it's about 4.1 stars. 

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BRAND NEW SUBREDDIT

Shouts to Player 3 John for making it happen!

https://www.reddit.com/r/gametheorypod/comments/w35b8d/welcome_to_rgametheorypod/

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Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod

Nick on Twitter: @tribnic https://twitter.com/tribnic

Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315

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Googliography:

https://twitter.com/fermatslibrary/status/1577291242890821633?s=20&t=GEA1H8wGTO-rDoXkEFLJ1w

https://en.wikipedia.org/wiki/Friendship_paradox

In this episode, Nick and Chris welcome Christian Borkey of the Busted Business Bureau Podcast to talk about why in the hell the Mets pay a retired baseball player $1.19 million per year and will continue to do so for another 15 years. 

Find BBB and Christian:

https://www.bustedbizbureau.com/

Insta: https://www.instagram.com/bustedbizbureau/

CONNECT WITH US:

Game Theory on Facebook: https://www.facebook.com/gametheorypod

Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod

Nick on Twitter: @tribnic https://twitter.com/tribnic

Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315 Read the Blog: (TBD)

In this episode, the hosts discuss conspiracy theories and hoaxes. They explore the factors that contribute to the lifespan of a hoax and the challenges of debunking conspiracy theories.

They also highlight the importance of distinguishing between harmless conspiracy theories and those that can have real-world consequences. The hosts mention examples such as the Bohemian Grove conspiracy and the Tuskegee Syphilis Experiment to illustrate the impact of conspiracy theories on society.

This conversation explores the motives behind conspiracy theories and the duration of their existence. It also distinguishes between hoaxes and conspiracy theories. The conversation highlights the danger of certain conspiracy theories and delves into popular examples throughout history.

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Takeaways:

Conspiracy theories and hoaxes can have varying lifespans depending on factors such as the number of people involved and the level of secrecy required.

Not all conspiracy theories are equal, and some can have real-world consequences.

Misinformation and disinformation can make it difficult to distinguish between true conspiracies and baseless claims.

It is important to critically evaluate conspiracy theories and consider the evidence before accepting or spreading them.

Understanding the motivations behind conspiracy theories can help debunk false claims and prevent their harmful effects. Conspiracy theories often arise from people's motivations and the benefits they perceive from the alleged conspiracy.

Conspiracy theories have existed throughout history and are often fueled by societal crisis situations.

Hoaxes are purposeful deceptions, while conspiracy theories are beliefs that people want to be true.

Certain conspiracy theories can be dangerous and have real-world consequences.

Conspiracy theories can persist despite evidence to the contrary, but their duration is limited.

Popular conspiracy theories include the Denver International Airport as the headquarters of the New World Order and the belief that North Korea is a paradise.

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Chapters:

00:00 Introduction and Food Discussion

04:38 Conspiracy Theories and Hoaxes

11:23 The Viability of Conspiratorial Beliefs

16:11 Factors Influencing the Lifespan of Hoaxes

29:42 The Bohemian Grove Conspiracy

34:02 Different Types of Conspiracy Theories

36:04 Motives behind Conspiracy Theories

39:17 Conspiracy Theories Throughout History

42:08 Hoaxes vs Conspiracy Theories

46:04 Dangerous Conspiracy Theories

52:24 Duration of Conspiracy Theories

57:52 Popular Conspiracy Theories

In this episode, Nick and Chris breakdown the game being played to ban TikTok

Watch the episode on YouTube https://youtu.be/0HD2tdih7GY

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Buy Justin's Book!! https://bit.ly/3KaMdnZ

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Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod

Nick on Twitter: @tribnic https://twitter.com/tribnic

Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315

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Reporting:

https://www.aljazeera.com/news/2023/3/30/republican-senator-blocks-bid-to-ban-tiktok-in-us

https://www.wsj.com/articles/u-s-threatens-to-ban-tiktok-if-chinese-founder-doesnt-sell-ownership-stake-36d7295c

https://www.wsj.com/articles/tiktoks-rivals-shouldnt-bank-on-ban-1469f07d

Congressional Brinksmanship https://www.npr.org/transcripts/1046180183

In this episode, we start a new series where we rank the most infamous con artists of recent memory. We start with Billy McFarland, the guy behind the infamous Fyre Festival. ** DONATE to Green River High School's Speech & Debate team to help send them to nationals in Louiseville: https://bit.ly/3uXo0IK ** Connect with us: Watch this Episode on YouTube: https://youtu.be/pIMKSUIQVXI Facebook: https://www.facebook.com/gametheorypod Check out the website: https://www.gametheorypod.com Email the show: gametheorymedia1@gmail.com Googliograhy: Fyre Fest on Hulu https://www.hulu.com/movie/fyre-fraud-e47078f3-1c0e-49a8-9da9-c571a7a20fec Fyre Fest on Netflix https://www.netflix.com/title/81035279 Fyre sues Netflix (in 2022 lol) https://nypost.com/2022/03/04/fyre-festival-causing-woes-with-new-suit-over-netflix-documentary/ Jerry Media's Role: https://www.thedailybeast.com/fyre-fest-scammers-jerry-media-fuckjerry-and-elliot-tebele-sued-for-stealing-a-meme

In this episode, Nick & Chris break down and review the fourth Fraudster in their Fraudster Files - William Rick Singer, the mastermind behind the college admissions scandal. _____________________________________________ JOIN OUR SUMMER READING BOOK CLUB - https://bit.ly/3X3E3m0 The Book We're Reading: https://en.wikipedia.org/wiki/The_Swerve Amazon - https://www.amazon.com/Swerve-How-World-Became-Modern/dp/0393343405 Barnes & Noble - https://www.barnesandnoble.com/w/swerve-stephen-greenblatt/1101999531 Local Bookstore Guide - https://bookshop.org/pages/bookstores _____________________________________________ Connect with the show: Reddit: https://www.reddit.com/r/gametheorypod/comments/w35b8d/welcome_to_rgametheorypod/ Website: https://www.gametheorypod.com Game Theory on Facebook: https://www.facebook.com/gametheorypod Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod Nick on Twitter: @tribnic https://twitter.com/tribnic Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315 _____________________________________________

Are aliens real? If they are would they want us? In this episode, Nick & Chris look into the math and philosophy of life being out there somewhere. 

You can follow the show and participate in discussions on Facebook here: https://www.facebook.com/gametheorypod

If this description doesn't contain resources and a googliography, check back later, it's on the way. 

Clips: Arrival, South Park.

Throwback episode from the first year of the show in 2021!

In this episode, we discuss the assassination of President William McKinley and the presidency of Theodore Roosevelt. Resources:

The Men Who Built America Review:  (https://n.pr/3dVcRja) 

Robert Todd Lincoln Curse: (https://bit.ly/3sihdG2)

In this episode, Nick and Chris host the first-ever Game Theory Holiday Party!

Connect with us:

BRAND NEW SUBREDDIT

Shouts to Player 3 John for making it happen!

https://www.reddit.com/r/gametheorypod/comments/w35b8d/welcome_to_rgametheorypod/

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In this episode, the hosts discuss the adage 'sell in May and go away' and its implications for the stock market. They explore the historical underperformance of the stock market during the summer months and the potential reasons behind it.

They also touch on the impact of the presidential election cycle on stock market performance. The hosts caution that they are not offering financial advice and emphasize the importance of conducting thorough research before making investment decisions.

The conversation explores the concept of 'Sell in May and go away,' which suggests that investors should sell their stocks in May and re-enter the market in October. The hosts discuss the historical data and theories behind this strategy, including the sell-off before summer vacations and the cyclical nature of the stock market.

They also touch on the influence of cultural factors and the limitations of using past performance as an indicator of future results. The conversation highlights the importance of considering other factors and making informed investment decisions.

Takeaways

The adage 'sell in May and go away' suggests that the stock market tends to underperform during the summer months.

Historical data shows that the stock market has lower average returns from May to October compared to November to April.

Presidential election years may see higher stock market returns during the summer months.

The housing market and the academic calendar may contribute to the underperformance of the stock market in the summer.

It is important to conduct thorough research and seek professional advice before making investment decisions. The 'Sell in May and go away' strategy suggests selling stocks in May and re-entering the market in October.

The strategy is based on historical data and theories, such as the sell-off before summer vacations and the cyclical nature of the stock market.

Cultural factors and regional differences may influence the effectiveness of the strategy.

Using past performance as the sole indicator of future results is not reliable, and other factors should be considered.

Making informed investment decisions requires analyzing multiple factors and understanding the limitations of certain strategies.

Chapters

00:00 Introduction to the 'Sell in May and Go Away' Adage

06:33 Elon Musk's Controversial Battery Range Lock

10:24 Understanding the Underperformance of the Stock Market in the Summer

21:39 The Impact of Presidential Election Years on Stock Market Performance

25:07 The Importance of Conducting Thorough Research Before Making Investment Decisions

26:34 Understanding the 'Sell in May and go away' Strategy

27:47 Exploring the Effect in the Southern Hemisphere

28:02 The Myth of Flushing Direction and Investment Strategy

29:07 Considering Other Factors in Investment Decisions

31:23 The Influence of Vibes and Cultural Factors

35:29 The Importance of Informed Investment Decisions

TPIR is entering its 50th season. So, how do you win? How do you avoid losing? Why do people do what they do on contestants' row?

Full resources and description is pending

Helpful Links: 

Learn more about Justin: https://bit.ly/3kaj8vk

The Price is Right Stats: https://bit.ly/3BJULul

In this episode, bottlenecks and constraints and how so much work gets stuck behind one little thing. Also, Chris' Favorite T-Swift Song

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Nick on Twitter: @tribnic https://twitter.com/tribnic

Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315

_____________________________________________

In this episode, Nick and Chris rehash the Wagner revolt and what it means.  _____________________________________________

JOIN OUR SUMMER READING BOOK CLUB - https://bit.ly/3X3E3m0 T

he Book We're Reading: https://en.wikipedia.org/wiki/The_Swerve

Amazon - https://www.amazon.com/Swerve-How-World-Became-Modern/dp/0393343405

Barnes & Noble - https://www.barnesandnoble.com/w/swerve-stephen-greenblatt/1101999531 Local Bookstore Guide - https://bookshop.org/pages/bookstores

_____________________________________________

Connect with the show:

Reddit: https://www.reddit.com/r/gametheorypod/comments/w35b8d/welcome_to_rgametheorypod/

Website: https://www.gametheorypod.com

Game Theory on Facebook: https://www.facebook.com/gametheorypod

Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod

Nick on Twitter: @tribnic https://twitter.com/tribnic

Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315

_____________________________________________

Googliography:

Academic Research on Media/Social Media and Revolts

https://link.springer.com/article/10.1007/s00355-017-1067-3#Sec8

Kiss, H.J., Rodríguez-Lara, I. & Rosa-García, A. Overthrowing the dictator: a game-theoretic approach to revolutions and media. Soc Choice Welf 49, 329–355 (2017). https://doi.org/10.1007/s00355-017-1067-3

In this episode, Nick and Chris break down the cognitive bias known as the Dunning-Kruger effect. They also talk about the 2022/23 movies The Menu and The Banshees of Inisherin. 

____________________________________________

Connect with the show: 

Reddit: https://www.reddit.com/r/gametheorypod/comments/w35b8d/welcome_to_rgametheorypod/

Website: https://www.gametheorypod.com

Game Theory on Facebook: https://www.facebook.com/gametheorypod

Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod

Nick on Twitter: @tribnic https://twitter.com/tribnic

Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315's choice to abandon Trenton and march on Princeton.

_____________________________________________

Googliography:

https://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect

https://www.healthline.com/health/dunning-kruger-effect

https://www.imdb.com/title/tt11813216/

Chris (Player 2) had some emergency work-related travel pop up, the boys will be back this week!

_________________________________________________________

Website: https://www.gametheorypod.com

Game Theory on Facebook: https://www.facebook.com/gametheorypod

Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod

Nick on Twitter: @tribnic https://twitter.com/tribnic

Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315

Summary

The conversation begins with a reflection on the previous episode and a discussion on snow and winter.

The main topic of the conversation is the Stanley Cup trend, which is a fad involving the popularization of Stanley mugs.

The factors contributing to the trend, such as novelty and fear of missing out, are explored. The benefits and features of the Stanley Cup are also discussed, including its durability and insulation properties.

The rebranding and marketing strategy of Stanley to target a new consumer base is examined. The rapid increase in sales and popularity of the Stanley Cup is highlighted.

The conversation concludes with a discussion on the potential decline of the trend and incidents related to the Stanley Cup. This conversation explores the rise of Stanley Tumblers as a popular consumer product and the concept of conspicuous consumption.

It delves into the modernity of conspicuous consumption and the trends in consumer products. The viral success of Stanley Tumblers is highlighted, along with the company's response and the quality of their products.

The conversation also touches on the upcoming episode of Fraudster Files, which combines medical and relationship fraud. ___________________________________

Takeaways

The Stanley Cup trend is a fad involving the popularization of Stanley mugs, which are known for their durability and insulation properties.

The trend was fueled by factors such as novelty, fear of missing out, and savvy marketing strategies.

The rapid increase in sales and popularity of the Stanley Cup demonstrates the effectiveness of influencer marketing and social media trends.

The decline of the trend may be influenced by factors such as the saturation of the market and the association with a specific demographic.

The Stanley Cup trend reflects the desire for status symbols and the growing emphasis on health consciousness. Stanley Tumblers have become a popular consumer product, driven by a targeted marketing campaign and social media influence.

Conspicuous consumption is a modern phenomenon where consumers buy and use goods of higher quality or price to demonstrate social status.

The success of Stanley Tumblers reflects the changing dynamics of consumer preferences and the desire for attainable status symbols.

The response of luxury brands to changing consumer trends and the impact of pricing strategies on their market position.

The viral nature of social media can significantly impact the success of a product or brand.

The quality and functionality of a product play a crucial role in its popularity and customer satisfaction.

The upcoming episode of Fraudster Files explores the intersection of medical and relationship fraud.

___________________________________

Time Stamps:

00:00

Introduction and Reflection on Previous Episode

02:02

Discussion on Snow and Winter

03:26

Introduction to the Stanley Cup Trend

08:06

Factors Contributing to the Stanley Cup Trend

10:12

Description and Benefits of the Stanley Cup

14:11

Rebranding and Marketing Strategy of Stanley

19:21

Rapid Increase in Sales and Popularity of Stanley Cups

24:19

Discussion on the Decline of the Stanley Cup Trend

26:33

Incidents and Reactions to the Stanley Cup Trend

30:05

The Status Symbol and Health Consciousness of the Stanley Cup

32:04

The Rise of Stanley Tumblers

39:19

Conspicuous Consumption and Luxury Brands

45:11

The Modernity of Conspicuous Consumption

52:30

Trends in Consumer Products

54:00

The Viral Success of Stanley Tumblers

55:35

Stanley's Response and Product Quality

56:05

Fraudster Files: Medical and Relationship Fraud

In this episode the boys talk about the Weber Fechner Law and how our brains are logarithmic.. Googliography: Weber-Fechner Law: https://en.wikipedia.org/wiki/Weber%E2%80%93Fechner_law Best Subreddit Ever? https://www.reddit.com/r/IsItBullshit/comments/x09sx8/isitbullshit_humans_can_smell_water_better_than/

In this episode, the guys break down how ideas can spread out of control. Googliography: Social contagion: https://en.wikipedia.org/wiki/Social_contagion Nudge Theory: https://en.wikipedia.org/wiki/Nudge_theory 'TikTok Tics: A Pandemic Within a Pandemic': https://movementdisorders.onlinelibrary.wiley.com/doi/10.1002/mdc3.13316

In this episode, Nick and Chris look at Moore's Law and the growth of tech computing power.

Time Stamps:

Love is Blind: 3:15

Moore's Law: 9:22

_________________________________

 Buy Justin's Book!! https://bit.ly/3KaMdnZ 

_____________________________________________ 

Connect with the show: 

Reddit: https://www.reddit.com/r/gametheorypod/comments/w35b8d/welcome_to_rgametheorypod/ 

Website: https://www.gametheorypod.com Game Theory on Facebook: https://www.facebook.com/gametheorypod 

Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod 

Nick on Twitter: @tribnic https://twitter.com/tribnic 

Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315

 _____________________________________________

In this episode, the boys discuss rank choice voting, an alternative to the normal elections in the US.

Summary

In this episode, Nick and Chris discuss the efficiency paradox, where being good at your job can actually hinder your chances of getting promoted. They share examples from various industries, including eye surgery and software engineering, where employees who excel at their work are often rewarded with more work instead of promotions or recognition.

They emphasize the importance of not making yourself irreplaceable and creating a single point of failure. The episode also touches on the concept of setting expectations and managing perceptions to advance in your career.

In this conversation, Nick and Chris discuss the importance of finding the right balance between maximum effort and minimal effort in the workplace. They explore the concept of the 85% rule, which suggests that putting in 85% effort consistently can lead to better results and prevent burnout.

They also touch on the significance of soft skills and building a good relationship with your boss. The conversation concludes with a discussion on the value of preparation and how it can impact performance in various fields, such as blind wine tasting and chess.

Chapters:

00:00 Introduction and Breaking News

03:02 The Efficiency Paradox: Being Good at Your Job vs. Getting Promoted

09:57 The Chase Money Glitch and Other Examples

13:59 Office Space and The Office: Depicting Workplace Realities

19:07 The Importance of Setting Expectations and Managing Perceptions

23:02 Avoiding the Single Point of Failure and Advancing in Your Career

26:12 Recommendations for Getting Promoted

26:49 Introduction: From Wine to Hawaiian and Viticulture

27:36 Promotion and Replacing Employees

28:13 The Benefits of Working for a Large Corporation

29:23 The Greatest Walmart and Subway Stories

31:23 The Importance of Bosses and Recognition

32:22 The 85% Rule: Finding the Balance in Workplace Effort

36:19 Soft Skills and Building Relationships with Your Boss

38:22 The Value of Preparation in Performance

43:41 Achieving Success with 85% Effort

53:53 Conclusion: Episode Titles and Arrays

In this episode, the boys look into an ancient Chinese saying and how it can explain what the world power is doing now. And, how to level the playing field against a bigger or stronger opponent. _____________________________________________ JOIN OUR SUMMER READING BOOK CLUB - https://bit.ly/3X3E3m0 T _____________________________________________ Connect with the show: Reddit: https://www.reddit.com/r/gametheorypod/comments/w35b8d/welcome_to_rgametheorypod/ Website: https://www.gametheorypod.com Game Theory on Facebook: https://www.facebook.com/gametheorypod Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod Nick on Twitter: @tribnic https://twitter.com/tribnic Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315 _____________________________________________

In this episode, Nick and Chris are joined by Nick's better half -- Dr. Kim Linden -- to talk about the medical match. What's it like? Do you like it? What are the problems?

We'd all also like to congratulate and wish godspeed upon all those who matched! Remember, this show has a YouTube Channel and you can also check out the website for blogs, etc. Email the show at gametheorymedia1@gmail.com

Follows:

Game Theory on Facebook - https://bit.ly/3u8Jguz

Nick on Twitter - @tribnic

Nick on Insta - @tribnic 

Chris on Twitter - @ChrisAndrews315

Special Thanks to Dr. Glaucomflecken and his TikTok - https://www.tiktok.com/@drglaucomflecken 

Googliography: 

The Match - https://en.wikipedia.org/wiki/National_Resident_Matching_Program#Matching_algorithm

Match Day -
https://en.wikipedia.org/wiki/Match_Day_(medicine)

Stable Marriage Problem - https://en.wikipedia.org/wiki/Stable_marriage_problem#Different_stable_matchings

In episode 30 -- not 31 -- Nick and Chris drive into traffic and how we all need to consider ourselves teammates, or molecules in a fluid... traffic flows.. that's the point.   Watch this episode on YouTube: https://bit.ly/3N4qhco CONNECT WITH US:  Game Theory on Facebook: https://www.facebook.com/gametheorypod Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod Nick on Twitter: @tribnic https://twitter.com/tribnic Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315 Read the Blog: (TBD) ** Googliography **  How Round Abouts Work: https://science.howstuffworks.com/engineering/civil/roundabouts.htm#:~:text=As%20drivers%20approach%20a%20roundabout,exiting%20at%20their%20chosen%20street Phantom Traffic Jams: https://www.scienceabc.com/eyeopeners/what-are-phantom-traffic-jams.html#:~:text=A%20phantom%20traffic%20jam%20is,phenomena%20are%20known%20as%20jamitons Traffic Engineering: https://en.wikipedia.org/wiki/Traffic_engineering_(transportation) Pinavia Interchange: https://www.reddit.com/r/CitiesSkylines/comments/2wmo8l/pinavia_interchange/

In this episode, Nick and Chris rank their second fraudster: Elizabeth Holmes. What's your ranking? Holmes is one of the best and scariest fraudsters that we know about. 

 On a scale of 1-10, rank her based on:

1) Smart

2) Successful

3) Lucky

4) Evil

5) Lying/Storyteller

_______________________________

Connect with us:

Website: https://www.gametheorypod.com

Game Theory on Facebook: https://www.facebook.com/gametheorypod

Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod

Nick on Twitter: @tribnic https://twitter.com/tribnic

Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315

Googliography --

Bad Blood Secrets and Lies in a Silicon Valley Startup https://en.wikipedia.org/wiki/Bad_Blood:_Secrets_and_Lies_in_a_Silicon_Valley_Startup

The Dropout (Elizabeth Holmes Serialized Podcast): https://abcaudio.com/podcasts/the-dropout/

Lean-In Feminism and Elizabeth Holmes: https://www.rollingstone.com/culture/culture-features/elizabeth-holmes-theranos-documentary-lean-in-feminism-811433/

Background on Lean-in feminism: https://en.wikipedia.org/wiki/Lean_In

HBO Documentary: The Founder: https://www.hbo.com/movies/the-inventor

In this episode, the hosts discuss various Christmas topics, including the mathematics of Christmas and the existence of Santa Claus.

They also talk about their upcoming episodes and milestones. The conversation delves into the philosophical and mathematical proof of Santa Claus, drawing parallels to Descartes' philosophical arguments.

The hosts explore undecidable statements in mathematics and the paradoxes they present.

Finally, they discuss the game theory of gift giving and the concept of reciprocity. The conversation explores the commercialization of Christmas and the impact it has on gift-giving. It delves into the concept of Nash equilibrium and how it relates to gift-giving strategies.

The discussion also touches on the burden of unwanted gifts and the dilemma of giving books as presents.

Additionally, the popularity and influence of the Narnia series are discussed. The conversation concludes with a recommendation to choose fun and affordable gifts.

Takeaways

The mathematical proof of Santa Claus is based on philosophical arguments similar to Descartes' reasoning.

Undecidable statements in mathematics demonstrate that there are some things that cannot be proven true or false.

Gift giving involves more than just economic exchange; the joy and sentiment behind the gift are important factors.

The game theory of gift giving considers factors such as reciprocity and the value of the gift.

The hosts discuss upcoming episodes and milestones, including their 100th episode. The commercialization of Christmas has led to a focus on materialistic gift-giving.

Nash equilibrium suggests that the goal of gift-giving is to receive the most, leading some to adopt a Scrooge-like approach.

Competitive gift-giving can create an upward spiral of reciprocity, resulting in extravagant and sometimes burdensome presents.

Strategies for successful gift-giving include focusing on volume over money and choosing gifts that align with the recipient's interests.

Unwanted gifts can be a burden and may end up unused or discarded.

Giving books as gifts can be challenging, especially when the recipient already has multiple copies.

The Narnia series by CS Lewis has gained popularity among various demographics and is considered a classic in fantasy literature.

Choosing fun and affordable gifts from stores like Hot Topic and FYE can make gift-giving enjoyable and budget-friendly.

Chapters

00:00 Introduction and Change in Schedule

01:25 Christmas Topics and the Existence of Santa Claus

04:03 Upcoming Episodes and Milestones

08:46 Descartes and the Mathematical Proof of Santa Claus

15:21 Undecidable Statements in Mathematics

19:37 The Game Theory of Gift Giving

33:20 The Commercialization of Christmas

35:59 Nash Equilibrium and Gift Giving

36:27 Reciprocity and Competitive Gift Giving

39:44 Strategies for Gift Giving

41:26 The Burden of Unwanted Gifts

43:12 The Dilemma of Book Gifts

46:11 The Popularity and Influence of Narnia

47:36 Choosing Fun and Affordable Gifts

They also discuss the importance of a customized Christmas tree.

Personalize your Christmas tree with homemade ornaments and unique decorations.

Consider the size and shape of your tree when choosing baubles.

Use an online calculator to determine the number of baubles and lights needed.

Embrace the whimsical and fun aspects of tree decoration.

In this episode, Nick and Chris give you a bar-top discussion of Crypto, NFTs, and how this will impact the future. NOTE: We are not experts. 

You can email the show at gametheorymedia1@gmail.com

You can read the full transcript here: https://bit.ly/34jVVBO

Find us on Facebook: https://www.facebook.com/gametheorypod

Watch on YouTube: https://bit.ly/3KIIYlw

NIck's Recommendation: https://www.youtube.com/c/Heatherrobertsoncom/videos

Googliography:

Crypto on the Economy: https://www.economist.com/finance-and-economics/2022/01/01/is-a-greener-faster-and-more-decentralised-alternative-to-bitcoin-possible

OBJ Bitcoin Crash: https://www.sportingnews.com/us/nfl/news/odell-beckham-contract-bitcoin/1e230f0aiwmqa12sxjoxsne7xp

Crypto Ransomeware Mess: https://www.wsj.com/articles/u-s-to-target-crypto-ransomware-payments-with-sanctions-11631885336

NFT Origin Story: https://www.wsj.com/articles/the-nft-origin-story-starring-digital-cats-11620446425

Beeple's $69 million digital image https://www.wsj.com/articles/beeple-nft-fetches-record-breaking-69-million-in-christies-sale-11615477732

Thanks for hanging out with us for 100 episodes!

In medieval Chinese myth, a brilliant writer and strategizer documented the best strategies of the day in a book called the thirty-six stratagems. In the separation subsection, there's a bluff called the "Empty Fort Strategy."

This strategy is so crazy, that it just might work. 

It enters into the realm of reverse and reverse-reverse psychology in the manner that a bluff in poker does. 

In this episode, the guys talk about the Empty Fort Strategy, military bluffs, and general one-upmanship in competition

--------------------------------------------------. 

Email the guys: gametheroymedia1@gmail.com

Subscribe to the YouTube Channel: https://bit.ly/3pderlY
Find the show on FB: https://www.facebook.com/gametheorypod

-------------------------------------------------

Googlyography:

EMPTY FORT STRATEGY

Wikipedia: Empty Fort Strategy Wiki: https://en.wikipedia.org/wiki/Empty_Fort_Strategy#:~:text=The%20Empty%20Fort%20Strategy%20is,listed%20in%20the%20following%20sections.

OTHER BLUFFS

Military Bluffs: https://www.kickassfacts.com/10-greatest-bluffs-in-history-that-actually-paid-off/

Military Bluff Reddit: https://www.reddit.com/r/AskHistorians/comments/uabjp/what_are_some_of_the_greatest_military_bluffs_of/

Thirty-six Strategems Wiki: https://en.wikipedia.org/wiki/Thirty-Six_Stratagems

Bluffing Board Games: https://www.boardgamehalv.com/best-bluffing-board-games/

Contact the show at gametheorymedia1@gmail.com

Resources:

Women's Suffrage in Wyoming: https://en.wikipedia.org/wiki/Women%27s_suffrage_in_Wyoming#cite_ref-:4_15-1

WyoHistory: https://www.wyohistory.org/encyclopedia/women-jury-wyoming-makes-history-again

Right Choice, Wrong Reasons: https://www.wyohistory.org/encyclopedia/right-choice-wrong-reasons-wyoming-women-win-right-vote

150 years of women in Wyoming https://www.powelltribune.com/stories/celebrating-wyomings-history-of-remarkable-women-leaders,30486

Wyoming Women, a timeline: https://wywf.org/wyoming-womens-history/

Further reading:

https://www.usatoday.com/in-depth/life/women-of-the-century/2020/08/13/wyoming-woman-equal-rights-first-state-women-voting-rights/5021228002/

NOTE: Game Theory is educational and conversational - it is not meant to be 100% accurate. We will make relevant corrections in subsequent episodes. 

In this episode, the boys talk about how scientists may have known for years now that ice cream may be good for you. _____________________________________________ Googliography:

In this episode, the guys talk about how great fall is and how it has turned into a monetary mess. This episode is a bit more free-flowing and includes a 1 v 1 draft of the best three things about fall. 

Connect with us:

_________________________________

!!! BRAND NEW SUBREDDIT !!! 

Shouts to Player 3 John for making it happen!

https://www.reddit.com/r/gametheorypod/comments/w35b8d/welcome_to_rgametheorypod/

_________________________________

Website: https://www.gametheorypod.com

Game Theory on Facebook: https://www.facebook.com/gametheorypod

Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod

Nick on Twitter: @tribnic https://twitter.com/tribnic

Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315

_________________________________

Googliography

Why Pumpkin Spice Lattes Taste Worse This Year: https://www.newsweek.com/why-starbucks-pumpkin-spice-tastes-different-1739510

History of the Pumpkin Ale: https://www.mentalfloss.com/article/633227/history-of-pumpkin-beer

Pumpkin Ale Wiki: https://en.m.wikipedia.org/wiki/Pumpkin_ale

Economics of Foliage in North Carolina: https://biology.appstate.edu/fall-colors/economics-fall-foliage-tourism-north-carolina

Stephen Fry at the Iron Bowl: https://www.youtube.com/watch?v=e4tTgPYuavk

VooDoo Ranger Atomic Pumpkin: https://www.newbelgium.com/beer/voodoo-ranger-atomic-pumpkin/

The Marvel Cinnematic Universe is perhaps the most successful entertainment venture in world history. BUT. Would it have been better as a series on Netflix, Hulu, or HBO? Chris and Nick get into a natural fight about this topic. Nick says series, Chris says he doesn't understand. Would you like a more detailed episode on the film and TV industry? email us at gametheorymedia1@gmail.com

In this episode, the boys talk about college football, the only North American team sport to have huge arguments about who the best team is and who gets the right to challenge for the title. 

In this episode, debt ceiling brinksmanship

_____________________________________________

Buy Justin's Book!! https://bit.ly/3KaMdnZ

_____________________________________________

Connect with the show:

Reddit: https://www.reddit.com/r/gametheorypod/comments/w35b8d/welcome_to_rgametheorypod/

Website: https://www.gametheorypod.com

Game Theory on Facebook: https://www.facebook.com/gametheorypod

Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod

Nick on Twitter: @tribnic https://twitter.com/tribnic

Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315

_____________________________________________

In this BONUS episode of Game Theory, Nick & Chris update everyone on the coming future of Game Theory and chit-chat about the World Open Chess Tournament in Philly and other chess-related topics. 

Typical episodes of Game Theory will resume in episode 36.

CONNECT WITH US:

Game Theory on Facebook: https://www.facebook.com/gametheorypod

Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod

Nick on Twitter: @tribnic https://twitter.com/tribnic

Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315 Read the Blog: (TBD)

In this episode, Chris' partner Cally Alessi joins to talk about content analysis and why Trip Advisor/Chef's Table got it so wrong.

NOTE: Trip advisor denounced the list and claims to have had nothing to do with it.

_____________________________________________

JOIN OUR SUMMER READING BOOK CLUB - https://bit.ly/3X3E3m0 T

he Book We're Reading: https://en.wikipedia.org/wiki/The_Swerve

Amazon - https://www.amazon.com/Swerve-How-World-Became-Modern/dp/0393343405

Barnes & Noble - https://www.barnesandnoble.com/w/swerve-stephen-greenblatt/1101999531 Local Bookstore Guide - https://bookshop.org/pages/bookstores

_____________________________________________

Connect with the show:

Reddit: https://www.reddit.com/r/gametheorypod/comments/w35b8d/welcome_to_rgametheorypod/

Website: https://www.gametheorypod.com

Game Theory on Facebook: https://www.facebook.com/gametheorypod

Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod

Nick on Twitter: @tribnic https://twitter.com/tribnic

Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315

_____________________________________________

Newsday's article about the list:

https://www.newsweek.com/tripadvisor-denies-any-part-contentious-list-ranking-nations-best-barbeque-1591748

Nick and Chris wave goodbye to Pride Month 2021 with a look at how Alan Turing and the British were able to keep the fact that they cracked Enigma a secret from everyone for so long. 

Ad: Elope Jackson https://bit.ly/3jm2d9r

Resources:

https://www.theguardian.com/science/blog/2014/nov/28/imitation-game-alan-turing-us-intelligence-ian-fleming

https://drenigma.org/2018/06/13/did-the-nazis-know-the-british-were-breaking-the-enigma-codes/

https://www.bbc.com/news/science-environment-18561092

Email the show at gametheorymedia1@gmail.com

Follow Nick on Twitter at @tribnic

Follow the show on Insta at @Gametheorypodcast

At a glance:

Takeaways

Shrinkflation is the process of products decreasing in size or quality while maintaining the same price.

Examples of shrinkflation include smaller food packages and thinner burger patties.

Ben and Jerry's faced tax issues in Canada due to downsizing their ice cream pints.

Skimpflation refers to a decrease in product quality for the same price.

Shrinkflation impacts consumer experiences and the economy. Shrinkflation and skimflation are common practices where companies reduce the size or quality of products while maintaining the same price.

Examples include Ben & Jerry's reducing ice cream container sizes and Chipotle decreasing portion sizes.

Measuring skimflation can be challenging, as it often involves changes in product quality that are not easily quantifiable.

Companies like McDonald's and Subway are facing declining sales and customer frustration due to high prices and lack of value.

Businesses should focus on providing quality products at affordable prices to meet customer expectations and drive sales.

In this episode, we explore the concept of shrinkflation, where products decrease in size or quality while maintaining the same price. They provide examples of shrinkflation, such as smaller food packages and thinner burger patties. The hosts also mention Ben and Jerry's involvement in shrinkflation and how it led to tax issues in Canada.

They touch on the related concept of skimpflation, where the quality of a product decreases for the same price. Overall, the conversation highlights the impact of shrinkflation on consumer experiences and the economy. The conversation explores the concepts of shrinkflation and skimflation, which refer to the practice of reducing the size or quality of products while maintaining the same price.

Examples are given, such as Ben & Jerry's reducing the size of their ice cream containers and Chipotle decreasing the portion sizes of their meals.

The discussion also touches on the challenges of measuring skimflation and the impact it has on consumers. McDonald's and Subway are highlighted as examples of companies facing declining sales and customer frustration due to high prices and lack of value. The conversation concludes with the importance of businesses focusing on providing quality products at affordable prices.

Chapters:

00:00 Introduction and Casual Chat

02:57 The Decline of Dating Apps

11:16 Introduction to Shrinkflation

17:30 Examples of Shrinkflation

21:44 Ben and Jerry's Involvement in Shrinkflation

24:22 Skimpflation: Decrease in Quality

25:01 Impact of Shrinkflation on Consumers and the Economy

31:38 Examples of Shrinkflation and Skimflation

36:32 Challenges in Measuring Skimflation

39:42 Impact of Shrinkflation and Skimflation on Consumers

45:07 Struggles of McDonald's and Subway

48:25 The Importance of Providing Value to Customers

In this episode, the boys talk about the great American tipping wars _____________________________________________ Connect with the show: Reddit: https://www.reddit.com/r/gametheorypod/comments/w35b8d/welcome_to_rgametheorypod/ Website: https://www.gametheorypod.com Game Theory on Facebook: https://www.facebook.com/gametheorypod Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod https://twitter.com/tribnic Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315 _____________________________________________ Googliography: https://www.foodandwine.com/coffee/baristas-reveal-how-they-feel-when-you-dont-tip https://www.foodandwine.com/fwpro/what-we-wish-restaurant-guests-knew-about-tipping https://www.theverge.com/2017/6/20/15840818/uber-tipping-option-app-seattle-minneapolis-houston (Uber adds tipping) https://daily.jstor.org/why-do-people-tip/ Chicago's fight over tipping ($$ WSJ) https://www.wsj.com/business/hospitality/americas-fight-over-tipping-at-restaurants-comes-to-its-biggest-battleground-yet-13cd80a6

In this episode, the boys talk about a mathematical hypothesis and its tentacles that help describe probability with practical implications for drivers, gamblers, and anyone with money invested. _____________________________________________ Googliography : Markov Chain:https://en.wikipedia.org/wiki/Markov_chain Random Walk: https://en.wikipedia.org/wiki/Random_walk Martingale Strategy: https://en.wikipedia.org/wiki/Martingale_(probability_theory)

In this episode, the boys talk about the recent drama between TikTok food reviewer Keith Lee and various restaurants in Atlanta including The Real Milk and Honey and The Atlanta Breakfast Club. ____________________________ Watch the show on YouTube: ___________________________ Googliography: Real Milk and Honey Apology: https://www.axios.com/local/atlanta/2023/10/31/atlanta-restaurant-keith-lee-tiktok-review Keith Lee on TikTok: https://www.tiktok.com/@keith_lee125?lang=en "Dave Portnoy's Pizze Mafia": https://slate.com/human-interest/2023/07/dave-portnoy-pizza-one-bite-reviews.html

In this episode, Nick and Chris break down George WashingtonBRAND NEW SUBREDDIT

Shouts to Player 3 John for making it happen!

https://www.reddit.com/r/gametheorypod/comments/w35b8d/welcome_to_rgametheorypod/

_________________________________

Website: https://www.gametheorypod.com

Game Theory on Facebook: https://www.facebook.com/gametheorypod

Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod

Nick on Twitter: @tribnic https://twitter.com/tribnic

Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315's choice to abandon Trenton and march on Princeton. 

_________________________________

Googliography:

The Use of Game Theory at the Operational Level by

MAJ Nathan A. Lunde 

US Army

https://apps.dtic.mil/sti/pdfs/AD1159431.pdf

In this episode the boys break down the differences between inductive reasoning and deductive reasoning and why it matters.

In this episode, the hosts discuss the Texas Sharpshooter Fallacy, which is when outcomes are analyzed out of context, giving the illusion of causation rather than attributing the outcome to chance.

They provide examples of this fallacy, such as the alcohol industry pushing back on labels that state alcohol causes cancer.

They also touch on the narcissist's prayer, which is a chain of denial used to avoid responsibility.

The hosts mention the connection between this fallacy and confirmation bias, as people tend to seek out information that supports their existing narrative.

They also hint at the role of conspiracy-minded thinking in this fallacy.

The conversation explores the concept of the Texas Sharpshooter Fallacy and its application in various contexts. It begins with a discussion on Venn diagrams and the history of their invention by John Venn.

The hosts then delve into the Texas Sharpshooter Fallacy, which involves drawing conclusions based on selective data. They provide examples of how this fallacy is used in various fields, including stock market analysis and conspiracy theories.

The conversation concludes with a tribute to Charles Mattson Love, an expert on Easter Island, who appeared on the show Ancient Aliens.

Chapters

00:00

Introduction and Apology for Missing Last Week

06:32 Explanation of the Texas Sharpshooter Fallacy

13:49 Confirmation Bias and the Fallacy

21:46 The Alcohol Industry and the Fallacy

24:03 The Texas Sharpshooter Fallacy: Drawing Conclusions from Selective Data

27:45 Applying the Texas Sharpshooter Fallacy in the Stock Market and Conspiracy Theories

38:42 Differentiating Between Logical Fallacies and Disagreements

41:34 Nostalgia and the Creation of False Equivalences

45:18 The Advanced Achievements of Ancient Civilizations

In this episode, Fraudster Files is back for chapter III -- Rudy Kurniawan. 

Sign up for the Game Theory Newsletter: https://www.aweber.com/users/landing_pages/import/edd1ed06-af90-4c3a-a41c-bd1096ce45cb 

Rudy has a natural gift for taste. He put that gift to use in the most lucrative way possible -- he hoodwinked the world of elite wine collections.  Rudy was born in the 1970s in Indonesia where his family has (allegedly) participated in one of the biggest bank heists in world history. (His great-uncle stole hundreds of millions in a fraudulent situation.) 

Now, after serving his time for ripping off rich people, he has been deported to Indonesia, but his crime remains one of the most infamous and entertaining in recent memory. 

______________________________________________________________ 

Connect with us: BRAND NEW SUBREDDIT Shouts to Player 3 John for making it happen! 

https://www.reddit.com/r/gametheorypod/comments/w35b8d/welcome_to_rgametheorypod/ 

Website: https://www.gametheorypod.com 

Game Theory on Facebook: https://www.facebook.com/gametheorypod 

Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod 

Nick on Twitter: @tribnic https://twitter.com/tribnic 

Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315

 __________________________________ 

Googliography: 

Sour Grapes Documentary: https://www.amazon.com/Sour-Grapes-Rudy-Kurniawan/dp/B06XWJF7ZD 

Rudy's Wiki: https://en.m.wikipedia.org/wiki/Rudy_Kurniawan

In this episode, the boys talk about the so-called Vibe-session and what it means for our biases in the American economy.

In this episode, Nick & Chris break down Simpson's Paradox and why representative sample size is super important. 

Connect with us:

SIGN UP FOR THE NEWSLETTER!!

https://www.aweber.com/users/landing_pages/import/edd1ed06-af90-4c3a-a41c-bd1096ce45cb

BRAND NEW SUBREDDIT

Shouts to Player 3 John for making it happen!

https://www.reddit.com/r/gametheorypod/comments/w35b8d/welcome_to_rgametheorypod/

_________________________________

Website: https://www.gametheorypod.com

Game Theory on Facebook: https://www.facebook.com/gametheorypod

Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod

Nick on Twitter: @tribnic https://twitter.com/tribnic

Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315

_________________________________

https://en.wikipedia.org/wiki/Simpson%27s_paradox

https://plato.stanford.edu/entries/paradox-simpson/#EpidMetaAnal

https://www.britannica.com/topic/Simpsons-paradox

https://towardsdatascience.com/simpsons-paradox-and-interpreting-data-6a0443516765

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7867858/

In this episode, Nick & Chris remember the Queen of England, Elizabeth II of the House Windsor. They also investigate modern-day monarchies and examine the state of nature and why consolidating power is important and something that subjects and citizens can buy into. 

Connect with us:

Website: https://www.gametheorypod.com

Game Theory on Facebook: https://www.facebook.com/gametheorypod

Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod

Nick on Twitter: @tribnic https://twitter.com/tribnic

Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315

Googliography:

http://talks.cam.ac.uk/talk/index/44475

https://www.royal.uk/role-monarchy#:~:text=In%20addition%20to%20these%20State,the%20ideal%20of%20voluntary%20service

https://www.cambridge.org/core/journals/utilitas/article/why-hobbes-state-of-nature-is-best-modeled-by-an-assurance-game/F01F676B16DE015BA13A2E9CA4DC8334

Assurance Game: https://www.gametheory.net/dictionary/Games/AssuranceGame.html

In this episode of the Game Theory podcast, the hosts discuss various topics including the Stanley Cup craze and lead contamination, international women's soccer tournaments, and the Raven paradox.

They explore different solutions to the paradox, including Good's Baby Solution and the Red Herring Solution.

The conversation explores Hempel's paradox, which is a paradox of induction. It discusses the relationship between observation and hypotheses, as well as the limitations of inductive reasoning.

Hempel's response to the paradox is examined, along with the concept of the red herring. The orthodox approach to hypothesis testing and the philosophy of language and science are also explored. The conversation delves into logical positivism and the concept of falsifiability.

The multiverse and alternate realities are discussed, as well as the determination of logical truths. The conversation concludes with a discussion on confirmation bias and the idea of infinite evidence.

Takeaways

The Stanley Cup craze highlights the importance of product safety and the need for manufacturers to ensure that their products do not contain harmful substances.

International women's soccer tournaments have unique dynamics and challenges, including the qualification process and the representation of different countries within the United Kingdom.

The Raven paradox raises questions about the nature of evidence and the limitations of inductive reasoning. Different solutions, such as Good's Baby Solution and the Red Herring Solution, offer insights into how to approach the paradox.

Bayesian statistics provides a framework for updating beliefs based on new observations and prior knowledge, which can be applied to understanding the Raven paradox.

Chapters

00:00 Introduction and Podcast Updates

03:05 The Stanley Cup Craze and Lead Contamination

08:22 International Women's Soccer Tournaments

12:19 The Raven Paradox

23:53 Good's Baby Solution

31:00 The Red Herring Solution

35:08 Observation and Hypotheses

36:28 Hempel's Response

37:23 The Red Herring

38:21 Limitations of Inductive Reasoning

39:16 Orthodox Approach to Hypothesis Testing

40:43 Philosophy of Language and Science

42:09 Logical Positivism and Falsifiability

43:16 The Multiverse and Alternate Realities

45:13 Determining Logical Truths

46:10 Confirmation Bias and Infinite Evidence

How RPS works, why it's basically luck, and this one time it was used to settle an argument. 

Contact the show:

gametheorymedia1@gmail.com

_________________________________

Summary:

The conversation explores the topics of licensing agreements, negotiations, ownership, compensation, and the influence of AI in the entertainment industry.

The hosts discuss the challenges and dynamics of moving and the process of purging belongings. They also touch on the concept of ownership in relation to movies and music purchased through digital platforms.

The conversation delves into the licensing agreements between artists, record labels, and platforms like TikTok, highlighting the importance of compensation and the impact of viral moments on an artist's career.

The hosts also discuss the role of AI in creating music and visual content and its potential effects on human artists.

This conversation explores the impact of AI on artists and Universal Music Group, the question of reality and ownership in the digital age, the importance of focus in negotiations, the expansion and potential issues of TikTok, the shift in social media's role from self-expression to passive consumption, social media's impact on real life, and the role of AI in content creation.

Takeaways

The rise of AI in the music industry raises concerns about the replacement of artists and the impact on their creative output.

The question of reality and ownership becomes more relevant as AI-generated content becomes more prevalent.

Focus and specificity in negotiations can lead to more successful outcomes compared to a laundry list of demands.

TikTok's expansion into various areas, such as e-commerce and music, raises concerns about the platform's focus and potential for becoming a bot-filled environment.

Social media has shifted from a platform for self-expression to a consumption-driven experience, leading to increased time spent on social media apps.

Social media has the power to generate real social movements and affect real-life change.

The shift towards passive consumption on social media may lead to a decline in engagement and interest.

The use of AI in content creation raises questions about the future of human creativity and the role of technology in the creative process.

Chapters

00:00 Introduction and Moving

03:06 Licensing Agreements and Negotiations

08:13 Ownership and Rights in the Entertainment Industry

16:24 Compensation and Negotiating Power

21:23 UMG's Concerns and TikTok's Influence

26:48 AI and Creative Expression

35:35 The Impact of AI on Artists and Universal Music Group

37:01 The Question of Reality and Ownership

38:26 The Importance of Focus in Negotiations

41:24 TikTok's Expansion and Potential Issues

44:19 The Shift in Social Media's Role

46:10 The Rise of Consumption-driven Social Media

49:17 Social Media's Impact on Real Life

52:00 The Shift from Self-Expression to Passive Consumption

53:19 The Role of AI in Content Creation

In this episode, Nick and Chris discuss their hiatus and receive feedback on their Match Day episode. They then introduce John von Neumann, a mathematician, physicist, computer scientist, and polymath who made significant contributions to game theory.

We discuss his biography, academic career, and collaborations with other intellectual giants. They highlight his work on the Manhattan Project and his obsession with game theory.

The episode concludes with a humorous anecdote about von Neumann's clap back to his wife. This conversation explores the perspectives and contributions of John von Neumann, a mathematician and physicist known for his work in game theory and nuclear deterrence.

Von Neumann's view of chess as a well-defined form of computation is discussed, highlighting the distinction between strategy and tactics.

We also delves into the mechanical properties of the universe and the role of bluffing and deception in chess and real life. Von Neumann's life's work in game theory, including the mini max theory and the cake distribution problem, is explored.

Additionally, his involvement in missile development and his impact on national defense strategy are examined. The conversation concludes by addressing some unsavory aspects of von Neumann's life.

Takeaways

John von Neumann was a brilliant mathematician, physicist, and computer scientist who made significant contributions to game theory.

He collaborated with other intellectual giants, such as Einstein and Bohr, and played a key role in the Manhattan Project.

Von Neumann's work on game theory revolutionized the field and has applications in economics, decision-making, and military strategy.

His obsession with game theory led him to develop groundbreaking concepts and models.

Despite his brilliance, von Neumann had a humorous side, as seen in his clap back to his wife. Chess can be seen as a well-defined form of computation, while real life involves bluffing and deception.

Game theory provides a framework for decision-making and optimizing strategies in various situations.

Von Neumann's work in game theory and nuclear deterrence had a significant impact on national defense strategies.

The distinction between strategy and tactics is crucial in understanding complex systems and decision-making.

Von Neumann's contributions to mathematics and physics continue to shape our understanding of the world.

Chapters

00:00

Introduction and Welcome Back

01:04 Discussion on Medical Match Day

05:49 Feedback on Match Day Episode

07:11 Introduction to John von Neumann

09:17 Biographical Information on John von Neumann

11:31 Contributions of John von Neumann

20:27 Collaboration with Other Intellectual Giants

24:29 Casual Conversations with Einstein and Bohr

25:22 Obsession with Game Theory

26:15 Von Neumann's Clap Back

26:51 Von Neumann's Perspective on Chess and Games

27:43 The Intellectual Period and the Predictability of the Universe

29:06 Mechanical Properties of the Universe

30:03 Chess as a Well-Defined Form of Computation

31:28 Bluffing and Deception in Chess and Real Life

33:09 The Role of Game Theory in Decision-Making

34:35 Von Neumann's Life's Work: Mini Max Theory

37:07 The Cake Distribution Problem

41:57 Von Neumann's Work on Nuclear Deterrence

46:01 Von Neumann's Role in Missile Development

51:45 Von Neumann's Distinction Between Strategy and Tactics

57:23 Unsavory Aspects of Von Neumann's Life

Links:

John von Neumann Wiki: https://en.wikipedia.org/wiki/John_von_Neumann

Minimax Theorem: https://en.wikipedia.org/wiki/Minimax_theorem#cite_note-1

Theory of Games and Economic Behavior: https://press.princeton.edu/books/paperback/9780691130613/theory-of-games-and-economic-behavior

Klara Dan von Neumann: https://en.wikipedia.org/wiki/Kl%C3%A1ra_D%C3%A1n_von_Neumann#:~:text=Kl%C3%A1ra%20D%C3%A1n%20von%20Neumann%20(born,style%20code%20on%20a%20computer.

Reddit Thread on JVN's Contribution to the Nash Equilibrium https://www.reddit.com/r/math/comments/kkvz9e/how_exactly_did_nashs_paper_on_game_theory_differ/?rdt=62998&onetap_auto=true

In this episode, the boys look into all aspects of the pink tax -- what it means, how it happened, and what we can do about it.

In this episode, Nick & Chris breakdown and chat about the Southwest Airlines Meltdown and fight about public transit. 

____________________________________________

Connect with the show: 

Reddit: https://www.reddit.com/r/gametheorypod/comments/w35b8d/welcome_to_rgametheorypod/

Website: https://www.gametheorypod.com

Game Theory on Facebook: https://www.facebook.com/gametheorypod

Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod

Nick on Twitter: @tribnic https://twitter.com/tribnic

Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315's choice to abandon Trenton and march on Princeton.

_____________________________________________

Googliography:

How Southwest Airlines Melted Down (Wall Street Journal) https://www.wsj.com/articles/southwest-airlines-melting-down-flights-cancelled-11672257523?mod=Searchresults_pos5&page=1

Southwest’s December Meltdown Could Cost Up to $825 Million (Wall Street Journal) 

https://www.wsj.com/articles/southwests-december-meltdown-to-cause-quarterly-loss-11673007141?mod=Searchresults_pos6&page=1

TikToks: 

https://www.tiktok.com/@kylascan/video/7182369310998859051?is_from_webapp=1&sender_device=pc&web_id=7183296085116536362

https://www.tiktok.com/@caseysonthecase/video/7181843488680742190?is_from_webapp=1&sender_device=pc&web_id=7183296085116536362

Help sent the Green River High School Speach & Debate team to nationals in Louisville, KY. Click here to donate. 

In this history episode, Nick and Chris dive into the 1919 Chicago White Sox. The team was found to have been paid by organized crime groups to lose the World Series on purpose. The players who were thought to have been involved were eventually banned for life with the legendary shoeless Joe Jackson perhaps falsely accused. 

With the rise of gambling in 21st century America, players betting on their own sport and being capable of throwing games feels more relevant than ever. 

Googliography:

Black Sox:

• New York Times "Forget What You Know About The Black Sox Scandal" (Pay Wall) 
• Black Sox Wikipedia

Eight Men Out:

• Wikipedia 
• Movie Review Cinema Punk

Recent Scandals: 

• Calvin Ridley - NFL.com
• Pete Rose - Wikipedia

In this episode, Nick & Chris look into a bevy of semi-recent writing that suggests America is in trouble as the world power. _____________________________________________

JOIN OUR SUMMER READING BOOK CLUB - https://bit.ly/3X3E3m0

The Book We're Reading: https://en.wikipedia.org/wiki/The_Swerve

Amazon - https://www.amazon.com/Swerve-How-World-Became-Modern/dp/0393343405

Barnes & Noble - https://www.barnesandnoble.com/w/swerve-stephen-greenblatt/1101999531

Local Bookstore Guide - https://bookshop.org/pages/bookstores _____________________________________________

Buy Justin's Book!! https://bit.ly/3KaMdnZ

_____________________________________________

Connect with the show:

Reddit: https://www.reddit.com/r/gametheorypod/comments/w35b8d/welcome_to_rgametheorypod/

Website: https://www.gametheorypod.com

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Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod

Nick on Twitter: @tribnic https://twitter.com/tribnic

Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315

_____________________________________________

In this episode, Nick and Chris talk about the idea and film Moneyball. 

Learn more:

• The Atlantic - The problems with the movie https://bit.ly/3dFWaYC
• Moneyball film Rotten Tomatoes: https://bit.ly/3dB32qb
• Buy the Book: https://amzn.to/3wofnqm
• Meditation in a Toolshed by C. S. Lewis https://bit.ly/3dHHybn

You can watch this episode on YouTube here: https://bit.ly/3dBnEie

 

 

In this episode, the guys talk about how early major firms are beginning their recruiting process and whether it's possible for game theory to apply to the hiring process.

In this episode, Nick and Chris investigate how facts and ideas have a  half-life. 

_________________________________

Buy Justin's Book!!

https://bit.ly/3KaMdnZ

_____________________________________________

Connect with the show:

Reddit: https://www.reddit.com/r/gametheorypod/comments/w35b8d/welcome_to_rgametheorypod/

Website: https://www.gametheorypod.com

Game Theory on Facebook: https://www.facebook.com/gametheorypod

Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod

Nick on Twitter: @tribnic https://twitter.com/tribnic

Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315's choice to abandon Trenton and march on Princeton.

_____________________________________________

Half-life of Knowledge: https://en.wikipedia.org/wiki/Half-life_of_knowledge#cite_note-3

Scientometrics: https://en.wikipedia.org/wiki/Scientometrics

Ted Talk: https://www.youtube.com/watch?v=GaxYnvd7YAM

In this episode, Nick and Chris discuss the Security Dilemma -- the Prisoner's Dilemma of Geo Politics

Read the tweet threat: https://twitter.com/ProfPaulPoast/status/1631996120497881091?s=20

_________________________________

Buy Justin's Book!!

https://bit.ly/3KaMdnZ

_____________________________________________

Connect with the show:

Reddit: https://www.reddit.com/r/gametheorypod/comments/w35b8d/welcome_to_rgametheorypod/

Website: https://www.gametheorypod.com

Game Theory on Facebook: https://www.facebook.com/gametheorypod

Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod

Nick on Twitter: @tribnic https://twitter.com/tribnic

Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315's choice to abandon Trenton and march on Princeton.

_____________________________________________

In this episode, Nick and Chris discuss black swan events, which are rare and unpredictable events with significant consequences.

They explore the criteria for a black swan event and provide examples such as the 2008 financial crisis and the 9/11 terrorist attacks. They also discuss the predictability of these events and the impact they have on society and the global order.

The conversation explores the concept of black swan events and their impact on history and society. It discusses various examples of black swan events, including the South Sudan basketball team playing the wrong national anthem, the 9/11 terrorist attacks, and the COVID-19 pandemic.

The conversation also touches on the US intelligence community's Global Trends reports, which predict future trends and potential black swan events. It concludes with a discussion on the limitations of predicting and preparing for black swan events.

Chapters

00:00 Introduction and Multilingual Podcast

01:17 Marvel Casting Robert Downey Jr.: A Cry for Help?

06:16 The Concept of Black Swan Events

14:09 Examples of Black Swan Events: 2008 Financial Crisis

19:00 Nassim Nicholas Taleb's Definition of Black Swan Events

23:45 9/11: A Black Swan Event

28:03 Introduction to Black Swan Events

29:58 Examples of Black Swan Events

36:29 The Role of US Intelligence in Predicting Black Swan Events

45:19 Geomagnetic Storms and Other Potential Black Swan Events

47:42 The Consequences of US Disengagement

We're back. Sorry - We y'all too.

The chess world championships were delayed in 2020 due to the Covid-19. Now the championships will happen for about ten days in late November 2021.  The match will pit challenger Ian Nepomniatchi against three-time defending champion and world number 1, Magnus Carlsen. In this episode, Nick and Chris will dive into the history of chess champions and discuss the historic relevance of the current Magnus reign of terror.

Game Theory Ep 46 In this episode, Nick and Chris recap Elon Musk's Purchase of Twitter and figure out what the hell is the point of being verified. ________________________________ Connect with us: SIGN UP FOR THE NEWSLETTER!! https://www.aweber.com/users/landing_pages/import/edd1ed06-af90-4c3a-a41c-bd1096ce45cb BRAND NEW SUBREDDIT Shouts to Player 3 John for making it happen! https://www.reddit.com/r/gametheorypod/comments/w35b8d/welcome_to_rgametheorypod/ _________________________________ Website: https://www.gametheorypod.com Game Theory on Facebook: https://www.facebook.com/gametheorypod Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod Nick on Twitter: @tribnic https://twitter.com/tribnic Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315 _________________________________

In this episode, Nick and Chris various topics including the Atlanta Hawks' coin flip games, the Match Group lawsuit, Wendy's surge pricing, and the blue dot effect.

The blue dot effect refers to the phenomenon where people change their concept of something based on its prevalence.

This has implications for decision-making and perception. The hosts also explore the influence of media and news on people's biases and perceptions.

This conversation explores the power of negative news and the human tendency to impose meaning on ambiguous stimuli. It delves into the impact of social media algorithms and the dark side of platforms like TikTok.

The conversation also discusses the incentives of activism and the perceived worsening of the world.

Finally, it examines the inshitification of online platforms and offers solutions such as personal acknowledgment and empathy.

Links:

Nishith Goyal - Medium: https://medium.com/illumination/understanding-the-blue-dot-effect-the-hidden-bias-impacting-our-choice-441d6901a372

Negative News Headlines: https://www.vox.com/the-highlight/23596969/bad-news-negativity-bias-media

Blue Dot Effect Article:https://www.livescience.com/62962-blue-or-purple-dots-illusion.html

WSJ Video Investigation:

https://www.wsj.com/video/series/inside-tiktoks-highly-secretive-algorithm/investigation-how-tiktok-algorithm-figures-out-your-deepest-desires/6C0C2040-FF25-4827-8528-2BD6612E3796?adobe_mc=TS%3D1709163442%7CMCMID%3D56653084828899941945114323709949221977%7CMCORGID%3DCB68E4BA55144CAA0A4C98A5%40AdobeOrg&wsj_native_webview=android&ace_environment=androidphone%2Cwebview&ace_config=%7B%22wsj%22%3A%7B%22djcmp%22%3A%7B%22propertyHref%22%3A%22https%3A%2F%2Fwsj.android.app%22%7D%7D%7D

Takeaways

• Negative news tends to garner more attention and provoke stronger physiological responses than positive or neutral news.
• Humans have a natural tendency to impose meaning on ambiguous stimuli, such as seeing faces in inanimate objects.
• Social media algorithms can reinforce negative perceptions and lead to unhealthy consumption habits, especially among vulnerable populations like teenagers.
• Activism can be driven by a desire to perpetuate one's own status and prestige, leading to a constant search for problems to solve.
• Online platforms often deteriorate in quality over time as they prioritize their own interests over those of their users.
• Individuals can combat bias and improve their approach by acknowledging their own tendencies and programming 'ducks' into their work.
• Empathy and patience can help navigate situations where others may be prone to pareidolia and blue dotting.

Chapters

00:00 Introduction and Updates

03:00 The Atlanta Hawks' Coin Flip Games

05:57 Match Group Lawsuit

08:58 Wendy's Surge Pricing

10:04 The Blue Dot Effect

21:05 Implications of the Blue Dot Effect

23:01 The Influence of Media and News

23:23 The Power of Negative News

25:17 Pareidolia and the Imposition of Meaning

29:46 The Perceived Worsening of the World

31:33 The Incentives of Activism

36:23 The Impact of Social Media and Algorithms

41:27 The Physiological Response to Negative News

43:53 The Dark Side of TikTok

48:40 The Inshitification of Online Platforms

50:30 Personal Acknowledgment and Empathy

Resources used in this episode:

Kalist Research from the Journal of Statistics Education by Taylor & Francis.

• Citation: David E. Kalist (2004) Data from the Television Game Show “Friend or Foe?”, Journal of Statistics Education, 12:3, DOI: 10.1080/10691898.2004.11910634
• URL: https://bit.ly/3hiqSur

Friend of Foe? Wikipedia: https://bit.ly/3vWKmsz

Friend of Foe? Wiki Fandom: https://bit.ly/3vWKmsz

Without Prejudice game show wikipedia: https://bit.ly/3tEtuVQ

Kennedy Official Fox Business: https://fxn.ws/2RHdZiL

Kennedy Wikipedia: https://bit.ly/3tHpXWN

Ep 8 

YouTube: https://bit.ly/3igjccJ

Cicadas are so unathletic and unimpressive that they need a weird adaptation to survive. That adaptation is power in numbers. When they emerge, there are far too many of them for predators to eat them all. Also, they aren't above ground for long enough for preditors to adapt and focus solely on them.

Humans do something similar in large groups or mobs. Think of the infamous Malice at the palace or the capitol riots. In those cases, there are going to be some people who participated just passively enough to get away with it because the authorities just can't possible get them all.

Nick and Chris look into how math and game theory can predict vaccination uptake - the problem might be more complicated than you think. 

Googliography:

How Game Theory Could Solve the COVID-19 Rollout https://www.rand.org/blog/2021/03/how-game-theory-could-solve-the-covid-19-vaccine-rollout.html#:~:text=In%20past%20research%2C%20game%20theory,sent%20to%20each%20vaccination%20center

The Pandemic is a Prisoner's Dilemma (New York Times, Subscription Required) https://www.nytimes.com/2020/12/20/health/virus-vaccine-game-theory.html

The Vaccination Game: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC516577/

Social Distancing Game: https://royalsocietypublishing.org/doi/full/10.1098/rspa.2020.0686

Summary

The conversation discusses the concept of the pizza meter, which suggests that an increase in pizza orders from government buildings can be indicative of important political or military events.

The pizza meter has been observed to predict events such as the invasion of Grenada and Panama. The Pentagon has attempted to combat the pizza meter by sending aides out to physically get pizzas and mixing up the orders.

However, the pizza meter remains a popular and intriguing phenomenon. The conversation also touches on the nostalgia and romance associated with pizza, as well as its role in social gatherings and workplace celebrations.

The conversation explores the concept of the pizza meter and its potential implications for national security. It discusses how the frequency of pizza orders to the Pentagon can inadvertently reveal sensitive information to adversaries.

The conversation also touches on other food-related metrics, such as the Waffle House index and the stripper index, which can provide insights into the state of the economy.

The hosts emphasize the importance of paying attention to local knowledge and intuition in understanding societal trends and potential crises.

Takeaways

The pizza meter suggests that an increase in pizza orders from government buildings can be indicative of important political or military events.

The pizza meter has been observed to predict events such as the invasion of Grenada and Panama.

The Pentagon has attempted to combat the pizza meter by sending aides out to physically get pizzas and mixing up the orders.

Pizza holds a nostalgic and romantic appeal, and it plays a role in social gatherings and workplace celebrations. The frequency of pizza orders to the Pentagon can inadvertently reveal sensitive information to adversaries.

Food-related metrics like the Waffle House index and the stripper index can provide insights into the state of the economy.

Paying attention to local knowledge and intuition can help understand societal trends and potential crises.

The hosts highlight the importance of diversifying pizza orders to maintain operational security.

Chapters

00:00 Introduction and Discussion of Food

10:28 The Pizza Meter and its Predictive Power

16:20 The Pentagon's Attempt to Combat the Pizza Meter

36:43 Food as Indicators: Waffle House Index and Stripper Index

45:24 The Value of Local Knowledge and Intuition

Nuclear weapons are a cheat code for war. How the prisoner's dilemma plays out on a global stage. 

Full episode blog: https://bit.ly/2RuG8dc

Relevant links:

• The Office Clip: https://bit.ly/3eUoyrO
• Inglorious Bastards Mexican Standoff: https://bit.ly/3tYIzSz

Learn more about the show at https://www.gametheorypod.com

In episode 32, Nick and Chris talk about something known as the Bystander Effect. They discuss famous instances as early as the 60s and as recently as 2021. 

 

Watch this episode on YouTube: TBD

CONNECT WITH US:  

Game Theory on Facebook: https://www.facebook.com/gametheorypod 

Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod 

Nick on Twitter: @tribnic https://twitter.com/tribnic 

Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315 Read the Blog: (TBD) 

** Googliography **  

The Bystander Effect: https://en.wikipedia.org/wiki/Bystander_effect

Kitty Documentary 'The Witness' https://en.wikipedia.org/wiki/The_Witness_(2015_American_film)

Psychology's Tall Tales - Bystander Effect

In this episode, the boys talk about the Delta Sky Miles mess and how Starbucks Stars have evolved to a $2 billion source of revenue.

In this episode, Nick and Chris discuss why bank runs suck so badly and why the FDIC changes the game theory of running to the bank. 

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 Buy Justin's Book!! https://bit.ly/3KaMdnZ 

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Connect with the show: 

Reddit: https://www.reddit.com/r/gametheorypod/comments/w35b8d/welcome_to_rgametheorypod/ 

Website: https://www.gametheorypod.com Game Theory on Facebook: https://www.facebook.com/gametheorypod 

Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod 

Nick on Twitter: @tribnic https://twitter.com/tribnic 

Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315

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In this episode, the hosts discuss various philosophical razors, which are principles used to evaluate and simplify explanations and claims. They cover razors such as Alder's Razor, Einstein's Razor, Grice's Razor, Hume's Guillotine, Hitchens' Razor, Occam's Razor, Popper's Falsifiability, and Sagan's Standard.

Each razor provides a different perspective on how to approach and evaluate ideas and theories. The hosts also share personal anecdotes and examples to illustrate the concepts discussed. This conversation explores the relationship between science and philosophy, highlighting the limitations of scientific knowledge and the importance of philosophical inquiry.

The discussion begins with the extraordinary claim of zebras in Prince George's County and the discovery of Homo Naledi in South Africa. It then delves into Newton's Flaming Laser Sword and the criticism of philosophy, emphasizing the need for a broader discussion that includes both science and philosophy. The conversation concludes by examining the danger of scientism and the search for validation in the search for truth.

Takeaways:

Philosophical razors are principles used to evaluate and simplify explanations and claims.

Each razor provides a different perspective on how to approach and evaluate ideas and theories.

Some well-known razors include Alder's Razor, Einstein's Razor, Grice's Razor, Hume's Guillotine, Hitchens' Razor, Occam's Razor, Popper's Falsifiability, and Sagan's Standard.

These razors can help in critical thinking and decision-making processes. Scientific knowledge has limitations and cannot answer all questions about the world.

Philosophical inquiry is essential for exploring topics that science cannot address.

The intersection of science and philosophy can lead to a more comprehensive understanding of the world.

The search for validation and in-group acceptance often influences people's beliefs and opinions.

Chapters

00:00 Introduction and New Year's Resolutions

06:00 Philosophical Razors: Alder's Razor and Einstein's Razor

09:49 Philosophical Razors: Grice's Razor

12:01 Philosophical Razors: Hume's Guillotine

17:27 Philosophical Razors: Hitchens' Razor

21:21 Philosophical Razors: Occam's Razor

27:23 Philosophical Razors: Popper's Falsifiability

29:43 Philosophical Razors: Sagan's Standard

35:13 The Extraordinary Claim of Zebras in Prince George's County

36:32 The Discovery of Homo Naledi in South Africa

42:32 Newton's Flaming Laser Sword and the Criticism of Philosophy

47:46 The Limitations of Science and the Importance of Philosophy

56:53 The Intersection of Science and Philosophy

01:02:07 The Danger of Scientism and the Need for a Broader Discussion

01:09:00 The Search for Validation and the Role of Science and Philosophy

In this episode, Nick and Chris discuss the idea of a 4-day work week and those companies giving it a shot. 

_________________________________

Buy Justin's Book!!

https://bit.ly/3KaMdnZ

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Connect with the show:

Reddit: https://www.reddit.com/r/gametheorypod/comments/w35b8d/welcome_to_rgametheorypod/

Website: https://www.gametheorypod.com

Game Theory on Facebook: https://www.facebook.com/gametheorypod

Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod

Nick on Twitter: @tribnic https://twitter.com/tribnic

Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315's choice to abandon Trenton and march on Princeton.

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Neither Host (Nick/Chris) purport to be experts in any of the matters discussed nor do they accuse any party of specific crimes or dishonesty beyond what's been publicly reported and suggested on open-sourced, third-party platforms.

In this episode, Nick & Chris break down the scandals rocking Chess, Poker, and Fishing in 2022 and dive into why the (alleged) cheaters got caught. 

Connect with us:

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!!! BRAND NEW SUBREDDIT !!!

Shouts to Player 3 John for making it happen!

https://www.reddit.com/r/gametheorypod/comments/w35b8d/welcome_to_rgametheorypod/

_________________________________

Website: https://www.gametheorypod.com

Game Theory on Facebook: https://www.facebook.com/gametheorypod

Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod

Nick on Twitter: @tribnic https://twitter.com/tribnic

Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315

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Googliographyc: TBD

In this episode, Nick and Chris dive into the new phenomenon known as quiet quitting and laying flat.  Connect with us: Website: https://www.gametheorypod.com Game Theory on Facebook: https://www.facebook.com/gametheorypod Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod Nick on Twitter: @tribnic https://twitter.com/tribnic Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315

In this episode, Nick and Chris play the investigator game. Taxes have long been a Game Theory conundrum with finding the best way to enforce collection policies.

_____________________________________________

Buy Justin's Book!! https://bit.ly/3KaMdnZ

_____________________________________________

Connect with the show:

Reddit: https://www.reddit.com/r/gametheorypod/comments/w35b8d/welcome_to_rgametheorypod/

Website: https://www.gametheorypod.com Game Theory on Facebook: https://www.facebook.com/gametheorypod

Game Theory on Twitter: @GameTheoryPod https://twitter.com/GameTheoryPod

Nick on Twitter: @tribnic https://twitter.com/tribnic

Chris on Twitter: @ChrisAndrews315 https://twitter.com/ChrisAndrews315

In this episode, the boys get into something called the Diderot Effect. Googliography: TBD

In this episode, the hosts discuss short selling and short squeezes in the stock market.

They provide examples from movies like 'The Big Short' and 'Casino Royale' to explain the concept of short selling. They also explain the mechanics of short selling, including opening a brokerage account, borrowing stocks, and monitoring account equity.

The hosts mention the GameStop short squeeze as an example of how short selling can backfire. They emphasize the potential for making a profit through short selling, but also the risks involved. In this conversation, the hosts discuss the real-life example of short squeezing in the case of Herbalife and the famous battle between Bill Ackman and Carl Icahn.

They explain the concept of short selling and short squeezes, highlighting the risks and complexities involved. They also touch on the role of activist investors and the moral implications of short selling.

The hosts emphasize the excitement and addictive nature of short squeezing, but caution against the high risks involved. They conclude by discussing the historical origins of short selling and its impact on financial crises.

Short selling involves betting against a stock and profiting from its decline in value.

IN THIS EPISODE:

The mechanics of short selling include opening a brokerage account, borrowing stocks, and monitoring account equity.

Short selling can be profitable, but it also carries risks and can backfire, as seen in the GameStop short squeeze.

Movies like 'The Big Short' and 'Casino Royale' provide examples of short selling in different contexts. Short squeezing involves betting against a stock and profiting from its increase in value, often driven by investor behavior.

Short selling is a risky and complex practice that can have significant consequences for both short sellers and the companies involved.

Activist investors play a role in short squeezes by buying stakes in companies and attempting to change their direction or value.

Short selling has a long history, dating back to the 17th century, and has been associated with financial crises throughout history.

While short squeezing can be exciting, it is important to understand the risks and complexities involved before getting involved in such practices.

Chapters

00:00 Introduction and Haircut News

03:12 Discussion on Summer Weather

06:48 Introduction to Short Selling and 'The Big Short'

10:08 Short Selling in 'Casino Royale'

15:18 Mechanics of Short Selling

19:10 Short Selling Strategies and Risks

21:47 GameStop Short Squeeze

25:58 Understanding Short Selling and Short Squeezes

28:30 The Fundamentals of Stock Behavior

31:51 The Mechanics of a Short Squeeze

39:14 The Role of Company Success in Short Squeezes

47:20 The Historical Origins of Short Selling

In this episode, the boys discuss Marchetti's Constant and why it always takes about an hour (round-trip) to get to work.

Summary In this episode, the hosts discuss various topics including Chris' recent wedding, changes in Adobe's terms and conditions, and the practice of scalping restaurant reservations. They explore the implications of Adobe's attempt to own the intellectual property of content created on their software and the backlash they faced. They also delve into the phenomenon of scalping restaurant reservations and the emergence of platforms like Appointment Trader. The hosts share their thoughts on the ethics of scalping and the separation of wealth in society. The conversation explores the concept of trading reservations and the implications of the gig economy on various industries. It discusses how the gig economy has changed the way people interact with services like Airbnb and restaurant reservations. The conversation also delves into the ethics and legality of selling reservations for public goods like campsites and hunting tags. The hosts share their opinions on different aspects of the gig economy, including the use of bots to book reservations and the impact of COVID-19 on dining experiences. Takeaways Adobe faced backlash for attempting to own the intellectual property of content created on their software The emergence of platforms like Appointment Trader has made it possible to scalp restaurant reservations The ethics of scalping reservations and the separation of wealth in society are topics of debate AI technology and its potential impact on society is a recurring theme in the conversation The gig economy has transformed the way people interact with services like Airbnb and restaurant reservations. The ethics and legality of selling reservations for public goods like campsites and hunting tags are debated. The use of bots to book reservations and the impact of COVID-19 on dining experiences are discussed. There is a need to strike a balance between ensuring equal access to public goods and allowing businesses to profit from their services. 00:00 Chris' Wedding and Congratulations 03:01 Controversy over Adobe's Terms and Conditions 06:30 The Impact of AI on Society 14:16 The Rise of Restaurant Reservation Scalping 22:49 The Impact of the Gig Economy 26:21 The Use of Bots and the Impact of COVID-19 29:38 Ethics and Legality of Selling Reservations for Public Goods 36:28 Balancing Access and Profit in the Reservation Market