Game Theory in Action in a Game Show


(Video Link)


This scenario isn't the Prisoner's Dilemma, but it's similar. The host of Golden Balls explains:

Ibrahim, Nick, you have two final golden balls in front of you and they are the most important golden balls of the game. You each have a golden ball with the word 'Split' written inside. You both have a ball with the word 'Steal' written inside. You will know which is Split and which is Steal because you're going to have a look. If you both pick the Split ball, you split the £13,600 and you go home with £6,800 each. If one of you chooses the Steal ball and the other chooses the Split ball whoever chooses the Steal ball goes home with the whole lot -- £13,600. But if you both choose the Steal ball, you leave today's game with what you came with: nothing. It's the ultimate test of faith, trust and -- let's face it -- greed. Take a moment to look at the balls in front of you so know for definite which is Split and which is Steal.


Nick immediately announces his intentions. Do you think that he chose wisely?

-via Althouse

Comments (8)

Newest 5
Newest 5 Comments

Wow. Nick directly got to the core of the matter, namely that it's a thing of trust, and he encoded it accordingly for his opponent by instantly picking (well, announcing to pick) the worst outcome and just directly asking Ibrahim to trust him. What a brilliant solution to the dilemma! Well, not a solution, but rather a nifty little "deciding aid" for his opponent. Nice to see a con turn out in a way that benefits both the conman and his "victim".

I wonder if Nick was familiar with game theory or if it just was the first solution that intuitively occurred to him. If it's the latter, that would really be remarkable, wouldn't it?
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This looks like a receiver of an externally powered gun (aka autocannon/chain gun/grenade launcher (but not a flare gun))...
Guessing it is for a rimmed cartridge, but i couldn’t determine the cartridge size or the caliber..
i wonder if it uses a moving barrel or a moving chamber...
I am really looking forward to see the whole gun, or the fact that i misinterpreted all the components of this technical device...

Battle Damage
size M black
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Rats - yeah pretty sure hubble got it right, it's a fishing rod reel.

Wrong guess: It's a ghostbusters device to send the unspeakable ones (i.e. Michael Bolton) to R'lyeh.
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Oh it is a gun all right... a PAINT gun. Shoots a whole can of paint each time you pull the trigger. Looks like it comes pre-loaded with a can of gray. So you too can say, "Okay honey! I'll paint that thing TODAY!"

This is not a drill (XXL)
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Great White Shark Fishing reel. The only thing missing from this Gears of War esque set up is the 20' titanium rod and the body builder to cast it.

Large myth busters busted.
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I had hoped to never see one of these again. My ex-wife had one. It's a, ahem, "marital aid". Needless to say, it didn't aid my marriage (she's happy with it, though). I won't go into more details. It's too painful.

I Heart Maths (UK) 3XL
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It's a multi-purpose device for skin-head, Nazi, white supremist families: a combination rifle ammo chamber - fishing reel - fancy pie-crust roller.

XL Twaggies logo
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