Nash Equilibrium
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Channel: kidVB
Views: 2,265,536
Rating: 4.894845 out of 5
Keywords: nash, economics
Id: 2d_dtTZQyUM
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Length: 4min 23sec (263 seconds)
Published: Sat Oct 20 2007
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From A Beautiful Mind
Apparently this is not technically a Nash Equilibrium, so I didn’t call it that in the title.
“If we all try to sell at the peak, we block each other. Not a single one of us is going to get tendies. So then we sell early, but then we won’t get our tendies either because the squeeze won’t happen. What if no one sells at the peak? We don’t sell early, and we don’t screw over our fellow apes. It’s the only way we win. That’s the only way we all get rich.”
I was chill before - but after watching that I am officially zen.
Thanks OP :)
Hold