Topic 16: Game Theory and Chicken

 In the video clip of “Beautiful Mind”, the guy are using girl as their choice, and later make it as the prisoner’s dilemma. If four guys all choose the blond girl, she will defiantly reject all of them, but when the guys go on and chase for the rest of the girl, the four girls will not accept because they will not want to be the second choice. Instead, the main character prove Adam Smith wrong and said the four guys need to give up the blond girl first, and just directly choose the rest of the four girls to achieve their best outcome. For me I think the way he thinks is really interesting. When there are two things, one is the thing that you want the most, and another is the second thing you want. Usually people will always chose the first thing they want to gain their maximize utility, but in the movie’s point of view, it told us to actually choose the second thing you want to aim for the best outcome. However, I think in reality, this might not happen, since people usually cannot resist the best thing they want. When the four men are choosing for the blond or the other four women, even if 1 of them choosing the blond girl, the rest of the 3 men will eventually choose the blond girl, which mean it is extremely hard to achieve this goal. They will have to fight against their utility of getting the best thing.