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Showing posts from July, 2012

The Prisoners’ Dilemma

" The troubling aspect of this game, the reason it is infamous, is that it seems clear that each player’s best strategy is always to defect. Whichever pawn is in my hand, you will do better by defecting: if I have cooperated, then defecting will make you £20 richer than you would be by cooperating, and if I have defected then your defecting will spare you a loss of £10. Yet we collectively are punished for our cold rationality, for if we both defect then we are both worse off than if we had both cooperated." http://bosker.wordpress.com/2012/07/23/the-prisoners-dilemma/

RIP Stephen Covey

In honor of renowned author  Stephen Covey, who died this morning at age 79  , a short version from  his all-time best-selling book   "7 Habits of Highly Effective People" , which sold 20 million copies.  The short version, highly recommend you buy his book: 1) Be Proactive As human beings, we are responsible for our own lives. We have the independent will to make our own choices and decisions, and the responsibility ("the ability to respond") to make the right choices. You have the freedom to choose your own fate and path, so having the independent will, imagination and self-awareness to make the right move makes you a proactive, and not a reactive, person. 2) Begin With The End In Mind Mental visualization is extremely important. Covey says that all things are created twice: first, the mental conceptualization and visualization and a second physical, actual creation. Becoming your own creator means to plan and visualize what you're going to do and ...

Quote

"The very powerful and the very stupid have one thing in common. Instead of changing their views to fit the facts, they try to change the facts to fit their views."