This said, to a few issues. Game theory almost always fails when the participants cannot be modeled precisely. The models almost always break down when confronted with biological, thinking beings. Those classically trained in Economics are rarely shown all the ways they do. I understand. Of course we want this pattern we feel we grasp to be understood by others, and it is hard to keep at the front of our brains that we are almost always dealing with incomplete information.
Whatever you are building, test as quickly as you can with real transactions, and then let's see where it goes! <3
I love love love this thinking.
This said, to a few issues. Game theory almost always fails when the participants cannot be modeled precisely. The models almost always break down when confronted with biological, thinking beings. Those classically trained in Economics are rarely shown all the ways they do. I understand. Of course we want this pattern we feel we grasp to be understood by others, and it is hard to keep at the front of our brains that we are almost always dealing with incomplete information.
Whatever you are building, test as quickly as you can with real transactions, and then let's see where it goes! <3