I don't think I have seen a study where Nash's predicted results have ever happened. Maybe we should stop using game theory?
I feel compelled to tell you that if you bothered to read Samuelson's Learning to be Imperfect you would understand that in games with noise any equilibrium is stable.
I have read it (it is very good) but I fail to understand if how that realization makes game theory useful.
... did you just have a conversation with yourself? or was this some sort of meta that I'm missing.
I was doing both sides of the game theory conversation. It is little bit of a sick joke. What it comes down to is that game theory does not need to be debunked because it has never been bunked. There is nothing empirical to back it up.
I guess I could see where he was adding on to his earlier comments, but Edit: ...you can use the edit button Edit2: ...ad nauseam.
After reading flagamuffin's recent post about prisoners, it makes a lot of sense that they would be more willing to work cooperatively than students. It just seems like cooperation has become engrained in them for survival. I mean people sacrificed food for months. Points/money is nothing compared to that. Another factor is assumptions of selfishness/selflessness. Humans are typically pretty selfish in their ways but you can't be selfish in prison. With gang ties, race ties, etc. prisoners are, more often than not, working cooperatively or following orders rather than acting on their own will. Because of this, prisoners could be more likely to assume that the other prisoner is of the same mindset and be more willing to chose A. Students assume the other is being selfish (just like they are).