hide

Read Next

Defecting by Accident - A Flaw Common to Analytical People

On SEBASTIAN MARSHALL

Related to: Rationalists Should Win, Why Our Kind Can't Cooperate, Can Humanism Match Religion's Output?, Humans Are Not Automatically Strategic, Paul Graham's "Why Nerds Are Unpopular"

The "Prisoner's Dilemma" refers to a game theory problem developed in the 1950's. Two prisoners are taken and interrogated separately. If either of them confesses and betrays the other person - "defecting" - they'll receive a reduced sentence, and their partner will get a greater sentence. However, if both defect, then they'll both receive higher sentences than if neither of them confessed.

This brings the prisoner to a strange problem. The best solution individually is to defect. But if both take the individually best solution, then they'll be worst off overall. This has wide ranging implications for international relations, negotiation, politics, and many other fields.

Members of LessWrong are incredibly smart people who tend to like game theory, and debate and explore and try to understand problems like this. But, does knowing game theory actually make you more effective in real life?

I think the answer is yes, with a caveat - you need the basic social skills to implement your game theory solution. The worst-case scenario in an interrogation would be to "defect by accident" - meaning that you'd just blurt out something stupidly because you didn't think it through before speaking. This might result in you and your partner both receiving higher sentences... a very bad situation. Game theory doesn't take over until basic skill conditions are met, so that you could actually execute any plan you come up with.

What if organization and execution were the same thing?

On DROdio

Almost everyone I know is busy as hell. Running companies, contracting, doing creative work, and keeping a huge mix of projects going on.

Keeping busy is good, but sometimes it turns into a tragedy where you've got your head down doing work and duties, but you never get some of that real juice out of your life that you're wanting.

And many of the busy people I know -- myself included -- periodically have a day where they snap back to reality and really feel it for the first time in a while. "Oh god, I'm out of shape, my energy is low, I feel like crap, I'm not doing some of the key projects I love, I'm passing up a lot of really big opportunities stuck in the grind, I'm neglecting my hobbies and what I want to train... and for what?"

This applies just as much to entrepreneurs as people on salary, maybe even moreso. It's very easy as an entrepreneur or executive to get caught up in running around, getting stuck in the "errands" of business, dealing with what's on fire, and really neglecting the really expansionary projects that aren't urgent, your health, and maybe worst of all -- forgetting to have fun.

Is there an answer? Read on...

Rendering New Theme...