Entry 16 Game Theory and Chicken

  I believe that people make decisions base on their self interest. This is a hands down no questions asked assumption, just from daily living, you can tell people act on self interest and so sometimes acting in self interest is not always a rational choice. Rational choices are the ones that are compared with cost and benefits and taking the one that has the most benefit with the least cost to be executed, however sometimes people don't always make the most rational choice for the society, but chooses the one that is the most benefit for themselves. I think that the bad outcome is always inevitable, as people will and always WILL act on self interest. Whoever would act on someone else's interest would be a saint. I think it could happen sometimes, if the loyalty shared between two people are so great that they would be willing to give up their own self interest for the other individual. When no one confesses is the best outcome, but that is highly unachieveable considering everyone acts on their own self interest. If no one gets the girls, it is actually best for the society, if everyone just were not trying to get the single blonde one and went with the friend, it will be the best outcome for society, just like the prisoners dilemma where two people giving up not saying anything will be in the society's best interest rather than both confessing which is the bad outcome for the society.  I think personally I would do the same, of course self interest rises above of other people, why in anyone's right mind would you want to do something great for someone else while you lose some things. I believe that the society acts like this as a whole, therefore creating many bad outcomes.