For game theory, it’s easy to state its precepts; difficult to explain its limits. And the field does have limits. Our very existence helps highlight them and acts to disprove the theory’s universal applicability.
Game theory is a science, not a philosophy. It can't be wrong. Only the math can be wrong. If people chose to pick an option which did not optimize their payoffs, then their payoffs were not properly represented.
Game theory is a science, not a philosophy. It can't be wrong. Only the math can be wrong. If people chose to pick an option which did not optimize their payoffs, then their payoffs were not properly represented.