Game Theory and Relationships

http://thoughtstreak.wordpress.com/major-old-posts/applying-game-theory-into-everyday-life/


This article talks about the theories used in games to determine and predict outcomes and pay offs applied to real life situations, particularly relationships. For example, when deciding a movie either you could agree on a movie or one could win their choice while the other is unhappy. Even in terms of breaking up one has to choose between staying together and potentially being happy and enjoying the relationship more or breaking up on their terms and moving on or risking theo ther person breaking up with them etc. There are some interesting applications of game theory as well as a flow chart of decision making of the "players" in a realtionship to help illustrate the point in the above link.

http://www.gametheory.net/dictionary/games/BattleoftheSexes.html

Drawing from the previous comment about relationships, game theory offers an interesting analysis of the Battle of the Sexes, a symmetric game that is similar to the prisoner's dilemma we examined in class. In this game, the man prefers to attend one event while the wife prefers to attend another while both prefer being together as opposed to being apart. The difference between a symmetric game and other games represented in bi-matrices is this condition of them both preferring to be together rather than spending time apart.

All the games we've played so far have been play-once games.

With relationships, depending on which movie you choose, you might not get to play again. If you play your cards right, and the date goes well, you might get a shot at some sort of bonus round.

If I cheat on my test, I get a better grade, but the more I cheat the more likely I am to get caught. Then I get kicked out of college and can't cheat anymore.

How do we analyze games with an indefinite number of rounds?