Evolutionary Game Theory and Business

Major Game Theory in Organization

This content has no educational standing, it is written without empirical research on the basis of hypothetical thinking. It can be hoped that it may stir up some debate or carry use to students and business minded individuals.

What is evolutionary game theory? Last Day on Earth: Survival Hack

That is necessary to be familiar with nature of evolutionary game theory before we look at it from the business situation. The empirical approach would cite researchers such as price, Maynard and Nash drawing conclusions from many of models, theories and equations. Since this article are not empirical in characteristics Let me not be discussing research. 

My own interpretation of evolutionary game theory is about the survival of the varieties, but not as individual beings but instead as code, specifically our gene code. If we go through the world today, codes are everywhere they are the very fabric of our existence. Time, currency and even discoveries which may have proven breakthroughs in science or technology are all a consequence of a code.

Can our Gene code actually adjust us as individuals? and can it affect our personality?, can it change us as a types?, and will it alter our needs and desires?. We all have been going to die; our gene code however always survives, unless of course human beings may be wiped from the face of the earth. On the other hand even if that performed happen, is the Gene code still survive?

In a hive of bees where the female is obviously vastly outnumbered by the males, how many males will mate? Following all in order for a species to endure it must procreate. The instinct of survival is part of the bee’s gene code. When someone or something disturbs the nest, they are considered as a threat and often attacked. The bees stinging the intruder know they will die and yet they still do so. The question We ask as if there were more females, perhaps a 50 – 60 ratio of the individuals, would the bees nevertheless be so ready to expire?

Allow us to now look at human beings. In an excellent world there would be no aggression, no combat, we might all stay in harmony. I would recommend this could cause our extinction. Let us consider two main personality characteristics in humans that we may fall into only one, either aggressor or passive. For the attentatmand competes for one with a passive, the passive will almost always keep your distance. If the reverse is true then your passive will either supply the resource to the aggressor or offer to share. Whichever way you look at it the aggressor has a 50% better chance of winning the resource. If perhaps an aggressor is in competition with another overfaldsmand it is unlikely they will share and one will get injured or loose. If a passive is in competition with another passive the actual result will likely be a distributed resource. Let us look at this in simple mathematical terms:

– Overfaldsmand V Passive, Aggressor Victories – 1

– Overfaldsmand V Aggressor, No Gain – 0

– Overfaldsmand V Passive, passive benefits – 1

– Passive V Passive – both win – 2

All of us cannot are in a culture which is perfect because there would be no challenge and need both aggressor and passive to provide a balance. Quite a few behaviors in fact protect our existence and ensure our gene code lives far beyond our person being and indeed protect us from mutations. All of us can see from the straightforward math’s above that in a society where there are only aggressors we could not live, we can also see that the component (passive vs passive) equals the total of all of the other values when added together, resulting in a balance. What goes on when a mutation is presented?

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