Daily Game Theory concepts that make you unbeatable in business & life | Practical strategy for founders & thinkers | @uwaterloo | retweets are not endorsements
Game theory 101 — the science of strategic decision-making.
How to Think Like a Strategic Mastermind
A beginner-friendly thread with the most powerful concepts.
Let’s level up your brain. 👇
Follow @nisargnparikh for more mind-bending Game Theory threads that make you sharp.
@mnwsth One Summer Day in 2018, at Sabarmati Cafe, IIT GN you advised me to look at UWaterloo & ETH Zurich as well, with CMU, MIT etc all while Trump was just elected. I had no idea about UW back then. I got an admit at CMU and badly wanted to go, but ended up going to UW. Thanks Prof 🙏
Have you ever voted...
Not for your favorite option...
But for the one you thought had the best chance of winning?
If so, you've unknowingly demonstrated one of game theory's most fascinating results:
The Gibbard-Satterthwaite Theorem.
🧵
Game theory 101 — the science of strategic decision-making.
How to Think Like a Strategic Mastermind
A beginner-friendly thread with the most powerful concepts.
Let’s level up your brain. 👇
Follow @nisargnparikh for more mind-bending Game Theory threads that make you sharp.
You're at a concert.
The person in front of you stands up for a better view.
So you stand up too.
Then everyone else stands.
Now...
Nobody sees any better.
Everyone's just more uncomfortable.
That's the hidden cost of individual self-interest.
Game theory calls it the Price of Anarchy.
🧵
Have you ever voted for your second choice just to stop your last choice from winning?
Where have you seen strategic voting in real life—politics, work, sports, or even family decisions?
Reply below 👇
Follow @nisargnparikh for more game theory insights that reveal the hidden incentives behind business, negotiations, leadership, and everyday life.
Have you ever voted...
Not for your favorite option...
But for the one you thought had the best chance of winning?
If so, you've unknowingly demonstrated one of game theory's most fascinating results:
The Gibbard-Satterthwaite Theorem.
🧵
10/ The deeper lesson:
People don't just play the game.
They play the rules of the game.
If you want better decisions...
Don't just ask people to behave differently.
Design systems where honesty is the best strategy.
What's the best real-life example you've seen where everyone acted in their own interest...
...and everyone ended up worse off?
Reply below 👇
Follow @nisargnparikh for more game theory insights that reveal the hidden incentives shaping business, investing, negotiations, technology, and everyday life.
You're at a concert.
The person in front of you stands up for a better view.
So you stand up too.
Then everyone else stands.
Now...
Nobody sees any better.
Everyone's just more uncomfortable.
That's the hidden cost of individual self-interest.
Game theory calls it the Price of Anarchy.
🧵
10/ The deeper lesson:
Most problems aren't caused by bad people.
They're caused by games that reward the wrong behavior.
Fix the game...
And people often fix the problem themselves.