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Model Thinking

Model Thinking. Scott E Page. The Ketchup Question. Game. Pure Coordination Game. Player #2. F C. F. Player #1. C. N Person Coordination Game. Lyapunov. F(x), a Lyaponuv function A1: has a maximum value.

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Model Thinking

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  1. Model Thinking Scott E Page

  2. The Ketchup Question

  3. Game

  4. Pure Coordination Game Player #2 F C F Player #1 C

  5. N Person Coordination Game

  6. Lyapunov

  7. F(x), a Lyaponuvfunction A1: has a maximum value. A2: There is a k > 0 such that if xt+1 ≠ xt, F(xt+1) > F(xt) + k Claim: At some point xt+1 = xt

  8. N Person Coordination Game Lyapunov Function = # coordinations

  9. Coordination or Standing Ovation?

  10. Coordination Game: Measurable difference in payoffs, no one would choose not to coordinate Standing Ovation: could be more “psychological”, it’s okay to differ

  11. Inefficient Coordination

  12. Maui - Des Moines Game #2 M D M D #1

  13. Metric – English Game #2 M D M D #1

  14. Shake – Bow Game #2 B S B S #1

  15. Model Thinking Scott E Page

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