Summary of Moshe Hoffman and Erez Yoeli discuss "Hidden Games" with Andrew McAfee

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00:00:00 - 01:00:00

In this video, Moshe Hoffman and Erez Yoeli discuss "Hidden Games" with Andrew McAfee. They argue that the game theory can help understand why people do things, such as become wine snobs, or appreciate art. They also discuss how this understanding can be applied to other aspects of life.

  • 00:00:00 Moshe Hoffman and Erez Yoeli discuss "Hidden Games" with Andrew McAfee. This book examines the practical applications of game theory, which Nicola Rohani calls a fascinating tour of how game theory can explain the intricacies and quirks of human behavior. Hoffman and Yoeli are experts in this field and offer a compelling insight into our most puzzling behavior.
  • 00:05:00 In this video, Moshe Hoffman and Erez Yoeli discuss "Hidden Games" with Andrew McAfee. Hoffman and Yoeli argue that game theory can be used to explain aspects of human behavior that are not typically thought of as social, such as taste, aesthetics, and altruism. They also discuss the Nobel Prizes that were won by two of the authors of this book, Daniel Kahneman and Richard Thaler.
  • 00:10:00 Moshe Hoffman and Erez Yoeli discuss "Hidden Games" with Andrew McAfee. Hoffman discusses how game theory can help us understand social interactions and how it can help us optimize behavior even without conscious awareness. Yoeli discusses how evolutionary psychology can help us understand human behavior, specifically the evolution of preferences and how they differ between cultures.
  • 00:15:00 In Hidden Games, Moshe Hoffman and Erez Yoeli discuss how culture evolves more quickly than biology does, and how this helps us understand the hidden games that we play. They discuss examples of cultural evolution in the form of aesthetics (e.g. liking long fingernails or tan skin), rhetoric (e.g. the way Fox News covers events), and politics (e.g. why cable news networks are only biased in favor of one side). They also discuss how these games persist even though we are aware of them, and how we can use game theory to analyze them.
  • 00:20:00 The video discusses the idea that humans are typically selfish, but at times are altruistic. It goes on to discuss how humans are typically bad at altruism, highlighting how Habitat for Humanity is a strange organization because its goal is to build housing, not to fly people around to do it.
  • 00:25:00 The video discusses how giving, in general, is ineffective. Erez Yoeli and Moshe Hoffman discuss "Hidden Games" and how these games work. Hoffman explains that altruism is driven by reputation, which is a social phenomenon.
  • 00:30:00 Moshe Hoffman and Erez Yoeli discuss "Hidden Games" with Andrew McAfee. They discuss how altruism works differently than other decisions, how experiments can manipulate the match between giving and receiving, and how cognitive constraints might play a role in decision-making. They also discuss how one's values, training, and background knowledge might influence their taste in art.
  • 00:35:00 Moshe Hoffman and Erez Yoeli discuss "Hidden Games" with Andrew McAfee. They argue that the game theory can help understand why people do things, such as become wine snobs, or appreciate art. They also discuss how this understanding can be applied to other aspects of life.
  • 00:40:00 The study in Kenya involved getting tuberculosis patients to stop taking their medication in order to help prevent blackouts and energy efficiency issues. The three key things that were thought about when designing the intervention were increasing observability, locking out plausible excuses, and communicating the expectation that this is something that patients should do.
  • 00:45:00 Moshe Hoffman and Erez Yoeli discuss the book, "Hidden Games: The Economics of Competition and Cooperation." Hoffman explains that the game theory behind the book can be used to better understand how to increase observability, eliminate possible excuses, and build community trust.
  • 00:50:00 Moshe Hoffman and Erez Yoeli discuss "Hidden Games" with Andrew McAfee, discussing how humans are unique in their ability to cooperate and sustain cooperation at large scale. Hoffman points out that one of the key features of a reputation is that it is punished by third-party punishment. Peer pressure is also important for enforcing norms.
  • 00:55:00 In this video, Moshe Hoffman and Erez Yoeli discuss "Hidden Games," in which anonymous giving can lead to more collaboration and social bonding between people. One example of an intervention that Hoffman and Yoeli found to be ineffective was asking people to call into a hotline instead of putting up a signup sheet in the lobby.

01:00:00 - 01:00:00

Hoffman and Yoeli discuss their book "Hidden Games" with McAfee. They explain that the book is about cooperative and altruistic behavior, and that people can learn more about it by visiting harvard.com and reading the book's FAQ. They answer questions from the audience and end the program.

  • 01:00:00 The three guests discuss "Hidden Games," a book about cooperative and altruistic behavior. Moshe Hoffman and Erez Yoeli explain that the book is lightweight and accessible, and that people can learn more about it by visiting harvard.com and reading the book's FAQ. They answer questions from the audience and end the program.

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