Wanna start *real* game theory? 😏

gandalf_der_12te@feddit.de to Lemmy Shitpost@lemmy.world – 36 points –

Referring to this.

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Explanation:
"Game theory", in economics, refers to "how do you maximize your profits?", in a theoretical way. Therefore it is greed theory. It should be called as such. The term "game theory" should be reserved for the study of Zelda, or eggs/sperm cells if one so wants.

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Well it's the philosophical backbone behind a lot of decisions that management makes.

"If the company does X, the people will respond with Y, and that will earn us Z money. So we do it, even though it's unethical."

So I guess that it's an important part to take an issue with.

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