Game Theory
topic on 7 shows · 11 statements across 11 episodes
the Y Combinator Startup Podcast 
the Knowledge Project 
Lenny's Podcast 
My First Million 
Capital Allocators 
the a16z Podcast 
All-In
11 statements about Game Theory, every show
Fisher: AI Scheduling Assistants Must Master Implicit Game Theory and Power Dynamics
“But actually, like, you've already lost the game of being a good personal assistant, because there's a game theory component to how you schedule meetings, right? And if you're, like, too liberal with, like, showing that there's free slots, you're, like, commun…”
Tit for two tats is the optimal strategy in repeated business games
“If you have a repeated game of long-term relationships and repeated interactions, the optimal strategy is actually tit for two tats. And what that means is you can cross me once, and maybe I'll let that go, but if you cross me the second time, I never will. An…”
Chamath: Trade negotiations require keeping strategy hidden like a poker game
“And I think in traditional game theory, and again, in traditional game theory, I think the right thing to do is when you're playing poker, you play street by street. What's the flop? Make a set of actions. What's the turn? Make a set of actions. What's the riv…”
Sutherland: Strategic irrationality is highly rational at a meta level
“The fact remains that, you know, there are certain circumstances in which the ability to behave irrationally is actually at the meta level, highly rational.”
Beshore: Scarcity mindsets are contagious, requiring active protection for abundance cultures
“As soon as, I mean, if you look at the game theory of scarcity, as soon as one person acts scarce, the fear ripples through the entire crowd and love is fragile. Care is genuinely fragile. This, either this fear mindset or this abundance mindset, love mindset,…”
Puri: Relying on trust and gossip is often a game-theory-optimal strategy
“It is the like sort of like game theory, optimal move to trust people or to trust gossip in certain situations where you're not going to want to do the firsthand work yourself.”
Horowitz: Von Neumann's political application of game theory was bad
“Well, and von Neumann went on to invent game theory which then he tried to apply to politics again. And I think retrospectively, most of those ideas were extremely bad.”
Forman: Financial markets are the world's greatest game-theoretic experiment
“What I came to realize was there was no greater game theoretic experiment in the world than financial markets. It was the most complex and there was also the most on the line.”
Duke: Simple card games like Go Fish teach kids probability and strategy
“If you play Go Fish, you can teach them about probability, and you can teach them game theory and strategy through, like, really simple games like that”
Game theory dictates parents must only use enforceable threats and rewards
“And so one of the things that game theory teaches, you want to design punishments or rewards for your kids to That are possible for you to follow through on and that you want to follow through on.”
Naval Ravikant: Business success requires understanding microeconomics and game theory
“Microeconomics and game theory are fundamental. I don't think you can be successful in business or even navigating through most of our modern capital society without an extremely good understanding of supply and demand and labor versus capital and game theory …”