War of Attrition (game) - Conclusions

Conclusions

By examining the unusual results of this game, it serves to mathematically prove another piece of old wisdom: "Expect the unexpected". By making the assumption that an opponent will act irrationally, one can paradoxically better predict their actions, as they are limited in this game. They will either act rationally, and take the optimal decision, or they will be irrational, and take the non-optimal solution. If one considers the irrational as a bluff and the rational as backing down from a bluff, it transforms the game into another game theory game, Hawk and Dove.

Read more about this topic:  War Of Attrition (game)

Famous quotes containing the word conclusions:

    “Life is the art of drawing sufficient conclusions from insufficient premises.”
    —Samuel Butler (1835–1902)

    “Now, were I once at home, and in good satire,
    I’d try conclusions with those Janizaries,
    And show them what an intellectual war is.”
    —George Gordon Noel Byron (1788–1824)

    “What is the good of drawing conclusions from experience? I don’t deny we sometimes draw the right conclusions, but don’t we just as often draw the wrong ones?”
    —G.C. (Georg Christoph)