John is famous for several things. In terms of game theory, one of these is the notion of equilibrium in a multi-person, non-cooperative game. To that end, he proved existence.
For a long while, in this blog, we have mentioned that the modern "game" focus is not good (in many ways) for us. Yet, the whole of the intellectual set has run off in that direction. Now, that turn of fate has taken a long time to come about. John von Neumann did his part; John Nash gave it more of a push.
Along with the interest in applying this type of mathematics, we have seen an increase in computational power which then has kept the movement going. One could say, if there were no computer, it would be no big deal with game theory. But, they go hand in hand (just like bilking the markets are enabled by algorithms and by the general lack of understanding).
The net effect of these changes has been a cutting free of the human mind from the proper tethers. What? Yes. What might these be? Ah, much to discuss there. But, I did say a little earlier that I would be taking a different direction.
John's passing opens the door for me to revisit this whole deal; at the same time, I'll be able to argue more coherently. You see, the fumble-butt mode comes from seeing idiocy all around. How did this come to be?
However, I have seen, too, that there are islands of sanity here and there. Thank God for that. Oops, that type of thing was alluded to earlier.
Somewhere, recently, I mentioned that we need a "sucker" (sucker quoted since the connotationswill be other than used so far) game. Actually, to rephrase, a lot of games are incompletely described, even the prisoner dilemma. Why (just look at the abstract'd accumulation on that one theme)? I don't know why the intellectual bigots have allowed themselves to devolve to such a low level. Say what? Yes.
That mathematics (which is discovered more than not) has been the enabler for the emergence of stupidity is very sad. The big-mind-set, if they were only impacting themselves, would not be such a problem; however, these jerks, collectively, get themselves into the way of power and thereby get, in their minds, carte blanche to spoil the earth and its little chilluns (meaning, of course, all of those who are not of the power set). Gosh, so much to do to get the situation properly described.
So, "sucker" brought in (in other than the so-long sucker idiocy, and such)? Yes, if you would, please, conscience (a reality, from the proper point of consideration) as a part of the puzzle. Where the hell has that virtue (or, any of the other virtues) gone in the flim-flam modernity that we stumble under now?
Remarks: Modified: 05/28/2015
05/28/2015 -- Again, again. There are a whole (larger?) bit of phenomena (however you want to characterize the wider scope) that is not brought into game theory (that I can see - I'll continue looking). Assuming that I have time, I will attempt to define some (perhaps, using situational means).