Vlad Tenev
π€ SpeakerAppearances Over Time
Podcast Appearances
The game theory is unambiguous.
Red is the strictly dominant strategy.
If greater than 50% plus press blue, everyone survives, including red pressers.
Red loses nothing.
If less than 50%,
press blue only red pressers survive red saves you there is no scenario in which pressing blue produces a better outcome for you than pressing red blue is never the individually rational choice it's a very rationalist answer
Oh, I'm going at 10 bucks.
I'm going blue.
Are you in long inflation?
I think you basically have to jack the price down.
I think you've got to jack the price up to such an extreme degree.
Yeah, I think I'm more likely to do red there.
For $10?
I've always liked when people suggest the sort of gambling tied into credit cards because you're basically saying we should create a gambling product for debt.
I don't know.
It might depend on if you're on the free or the paid plan.
I'm on the free plan.
But yeah, yeah.
Thinking mode.
We'll see.