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The Great Grounding Game Theory Guide: #9 — How Games Prepare us to Succeed While Reducing Risk When Making Decisions
Q. Lewis, I used to make really poor choices as a teenager. Would knowing game theory then have helped me now to reduce risk?
A. Absolutely. Let’s start with the basics of game theory. Below is an article (a 6-minute read) as well as a more in-depth video embedded in the article. Both were created so they would be understood by 12-year-old.
The Article:
A. Now to answer your question. One of the very first things we do in life is to take risks while playing games. All animals do this. Playing games give us the basic skill for developing social intelligence
The baby bear that explores the lion’s den may not make it out alive. For human teens who have some rational adult supervision, extremely reckless behavior can be nipped in the bud before any real damage is done. If a teen is provided with training in gamer-thinking, what was previously considered risky behavior, become much less so.
Up until recently, it was unlikely that a tween, young adult, or college student would be aware of the…
