The Great Grounding Game Theory Guide: — Using Gamer Thinking To End The Chaos In Your Life
Tips, tools, techniques, strategies, tactics, and hacks for winning at the game of life.
What Is Game Theory?
Game theory is the name used to describe logical and rational concepts (systems) that explain why and how individuals and organizations strategize. When I say strategize, I am referring to the process of making choices and decisions specifically when one or more individuals might also affect the outcome of the decision being made.
You cannot have success in your life without some type of boundaries and order. If you are a video-gamer, play board games, strategize in any way or have an interest in athletics or team sports this would appear to be obvious.
The fundamental doctrine of game theory, HAGT, and before the formation of any strategy is possible is that all decision-makers (players) must make choices on the basis of specific order based preferences, By doing this the decision-maker is taking into account all factors that can influence their behavior.
The rational strategist will order these preferences categorically. When I say categorically, I mean the order they organize these preferences in must be specific (individual), unconditional, and either unchanging over time, or not capable of being changed.
Humans are social creatures and one of the most challenging group environments to be stuck in a situation where there is possibly dangerous chaos. Imagine a political demonstration where rioting breaks out or the police are overly aggressive?
In any defined, highly functional, and compassionate group or community it can be assumed that each individual has a definite ordering of all conceivable social states, knows which are the most desirable, and is given the opportunity to match their needs with the most desirable offerings (hierarchal choices).
Initially, this ordering is a personal rather than a group process. Here each individual is likely to observe and then consciously or unconsciously organize (order) things in a way that seems relevant and usually desirable to them.
Working with this model, each rational player comes to a situation (game) with a single organization and order of preferences that at the very least seems to corresponds to their assessment of what is best for themselves.
Consequently, the natural concept of rational behavior in HAGT is individual rationality, where each person (player) acts in a way that achieves their best possible outcome, regardless of the effect doing so has on other participants (players).
When this process unfolds effectively and efficiently this ordering actually works in the best interests of an individual (player) and often for the group as a whole. Because all values and objectives in which the players are interested are likely to have been incorporated into what the individual (player) would consider being a “win” (called a payoff function), the formal analysis of any given game must be based on the assumption that each player has only one interest in the game — to maximize their own benefit (payoff.)
A Final Thought
When I am asked to explain again, why HAGT and game theory is so important, I offer this simple response;
“Those who have the opportunity to learn about HAGT and game theory and choose not to will likely be eaten by those who do!”
For an introduction and simple explanation in text and with a short video explanation of the basics of game theory please click below…
The Best Introduction to Game Theory, Simple and Easy to Understand — Written for a 12-Year-Old
Q. Lewis, what is the meaning of game theory?
Author: Lewis Harrison is an Independent Scholar and a Results-Oriented Success Coach. He has a passion for knowledge, personal development, self-improvement, and problem-solving. He is the creator of Harrison’s Applied Game Theory.
You can read all of his Medium stories at Lewis.email@example.com.
“I am always exploring trends, areas of interest, and solutions to build new stories upon. Again, if you have any ideas you would like me to write about just email me at LewisCoaches@gmail.com” or check out my courses and website at www.asklewisgametheory.com
My passion is offering advice on the arts, innovation, self-improvement, life lessons, mental health, game theory strategies, and love. LewisCoaches.Medium.com
Here is a 15-minute interview I participated in concerning Harrison’s Applied Game Theory. The interviewer is Jim Selman a pioneer in personal development and a noted leadership guru.