A Normative Implication of Game Theory

Whatever game theories can tell us, a mutual understanding within the gaming body is the momumental presumption. However selfish people want to or have to be, they can at least try to understand each other's selfishness first before they try to arrive at any equilibrium solutions. Whether the solution fits some ethical ideals such as equality is a matter of interpretation, and the very pursuit for such ideals can hinder the effort to understand each other, without which games become more asymmetric and we will be farther away from whatever we were seeking.

The decision making rationale of eliminations

This topic came up with the concept of 'uncovered set' in spatial equilibriums of voting games. It makes pretty much sense to me as it coincides perfectly with my own decision making rationales. Probably out of risk aversion, putting much weight on avoiding the Type II error which rejects the less clear cut hypothesis and thus focuses on trying to reject the nulls.