The Great Grounding Game Theory Guide: — How to Use The Butterfly Effect to Beat Murphy’s Law and Increase Your Personal and Business Success.
The best-applied game theory tips, techniques, tools, and strategies, for fast-tracking your self-improvement.
Harrison’s Applied Game Theory (HAGT is an umbrella term for thousands of systematic strategies that describe why and how individuals and organizations make decisions. This process involves more than just making wise choices. It is concerned with social intelligence and many other related ideas. In this story, we will explore how understanding the Butterfly Effect can make you a more effective strategist in the game of life.
For an introduction and simple explanation in text and with a short video explanation of the basics of game theory please click below…
The Butterfly Effect is a theory that describes how the change in a cause will result in a larger effect than might have been expected.
Tied to chaos theory, the butterfly effect is the sensitive dependence on an initial condition in which a small change in one key element of a specifically defined and stable system or state can result in large differences in a later state.
The term butterfly effect is closely associated with the work of Edward Lorenze It is derived from the metaphorical example of the details of a tornado (the exact time of formation, and the exact path taken) being influenced by minor perturbations such as a distant butterfly flapping its wings several weeks earlier. Lorenz discovered the effect when he observed weather patterns.
The idea that small causes may have large effects, was earlier recognized by other scientists but Lorenz described the pattern with greater specificity.
We have used the butterfly effect in HAGT in relation to the Theory of Constraints. The theory of constraints (TOC) is a management system that views any manageable system as being limited in achieving more of its goals by a very small number of constraints. We have found that in a system that does not achieve its full potential there is always at least one constraint. TOC uses a focusing process to identify the constraint and restructure the rest of the organization around it. TOC adopts the common idiom “a chain is no stronger than its weakest link”. This means that processes, organizations, etc., are vulnerable because the weakest person or part can always damage or break them or at least adversely affect the outcome.
We have expanded this idea to isolate the Butterfly flapping its wings and I can predict accurately if not perfectly, which way the wind will blow and where Murphy’s Law is likely to appear.
Author: Lewis Harrison is an Independent Scholar with a passion for history, personal development, self-improvement, and problem-solving. He is the creator of Harrison’s Applied Game Theory.
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