I have learned about game theory before in some of my past classes, but this reading gave some unique examples of how game theory can apply to our everyday lives.\u00a0 It really made me think about larger and smaller-scale situations and everyday encounters in which I use game theory.\u00a0 I do usually cooperate in group settings and do what’s best for everyone because I have been on the losing side of uncooperative group behaviors before, and feel bad when I cause others a disadvantage.\u00a0 However, that is not to say I practice this behavior all the time.\u00a0 I definitely have found myself in a free-rider situation before, like when someone offers to pay for our uber and I don’t fight them too hard on the decision since I want the uber ride but not the cost that comes with it.\u00a0 I think the only time I’ve found myself in the Chicken dilemma is when I would fight with my siblings when I was younger, but otherwise, I’m not a very competitive person and usually give in too soon to make the group happy.\u00a0 I have definitely found myself in the Battle of the Sexes dilemma, for example when going out to eat with friends, I want to go eat with them more than I want to go to a specific restaurant, so we spend way longer than we should trying to make a decision on where to eat.\u00a0 I have also found myself in the volunteer’s dilemma when I was younger and my parents would ask for either me or my siblings to complete a chore and if no one volunteered then we got a punishment.\u00a0 When I was younger I would usually volunteer since I knew my siblings wouldn’t but as I got older I stopped doing so and made one of them volunteer because I felt that I had given in enough over the years.\u00a0 I usually don’t think of game theory dilemmas in terms of my everyday life, but realizing how often I am placed in these types of situations made the reading seem a lot more relevant and interesting to me.<\/p>\n","protected":false},"excerpt":{"rendered":"
I have learned about game theory before in some of my past classes, but this reading gave some unique examples of how game theory can apply to our everyday lives.\u00a0 It really made me think about larger and smaller-scale situations and everyday encounters in which I use game theory.\u00a0 I do usually cooperate in group […]<\/p>\n","protected":false},"author":4680,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[41194],"tags":[],"class_list":["post-5107","post","type-post","status-publish","format-standard","hentry","category-reading-responses"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.richmond.edu\/criticalthinking\/wp-json\/wp\/v2\/posts\/5107","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.richmond.edu\/criticalthinking\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.richmond.edu\/criticalthinking\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.richmond.edu\/criticalthinking\/wp-json\/wp\/v2\/users\/4680"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.richmond.edu\/criticalthinking\/wp-json\/wp\/v2\/comments?post=5107"}],"version-history":[{"count":0,"href":"https:\/\/blog.richmond.edu\/criticalthinking\/wp-json\/wp\/v2\/posts\/5107\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.richmond.edu\/criticalthinking\/wp-json\/wp\/v2\/media?parent=5107"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.richmond.edu\/criticalthinking\/wp-json\/wp\/v2\/categories?post=5107"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.richmond.edu\/criticalthinking\/wp-json\/wp\/v2\/tags?post=5107"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}