Here's a game -- What great thinker once said, "I'm a student of the game and a student of life"?
Was it:
(a) Mathematician John von Neumann
(b) Game theorist John Nash
(c) Miami Heat center Shaquille "Shaq" O'Neal
The answer, of course, is (c) -- and therein lies an intellectual power-play. Turns out, a certain 320-pound high school dropout nicknamed "Diesel" has a thing or two to teach those fancy Ph.D's about the game.
| Game Theory Concept | Game Theorists Say... | Shaq Says... |
|---|---|---|
| Practice tit-for-tat | "What accounts for tit-for-tat's robust success is [that] its clarity makes it intelligible to the other player, thereby eliciting long-term co-operation." 1 | "When I was young, I got whuppins ... It was a cause-and-effect situation. The cause was I did something wrong; the effect was I got a whuppin." |
| Make credible commitments | "There must ... be a credible commitment on the side of the relational monitor to the prescribed function in each contingency." 2 | "It's about honesty ... I'm like toilet paper, Pampers and toothpaste. I'm definitely proven to be effective." |
| Ensure repeated interactions | "There is no solution that achieves reciprocal cooperation in a one-time game." 3 | "My personal opinion is, how, if you never hung out with somebody, do you know them so well?" |
| Employ "mixed" strategies | "Apparent irrationality can become good strategic rationality." 4 | "I suggest you don't get near me / I'm psycho, and I don't think clearly." (rapping on his song "Psycho" -- 2001) |
1 Robert Axelrod, The Evolution of Cooperation, p. 54
2 Masahiko Aoki, "An Information Theoretic Approach to Comparative Corporate Governance"
3 Avinash Dixit and Barry Nalebuff, Thinking Strategically, p. 100
4 Dixit and Nalebuff, p. 148