A mountaineer is hiking in a mountain range. There is a thick fog so he cannot see beyond a few meters. It is raining heavily and so the mountain range is being flooded, the mountaineer has to climb to a high place so he won’t get washed away. He will climb towards the highest point in his sight, and if he sees another higher point he will change his direction towards there. Now the mountaineer is standing on the top of a hill, and to his knowledge every direction is downwards, and there is no higher peak in sight. He sits on the hilltop, anxiously watching the rain and hearing the water raising. The water floods the hill and drowns him, washing his dead body into the abyss. Is he on the highest peak of the mountain range? Unlikely Can he ever get there if he cannot see beyond a few metres? Very unlikely. A band of mountaineers are hiking in a mountain range. There is a thick fog so they cannot see beyond a few meters. It is raining heavily and so the mountain range is being flooded, the mountaineers have to climb to a high place so they won’t get washed away. They elected the most experienced mountaineer as their leader, in the fog he can see a couple metres further than everybody else, and so he is the best guide possible for anyone. The band all followed him onto a hilltop, every direction is downwards so they stayed there, anxiously watching the rain and hearing the raising waters. Until the water floods the hilltop and drowns them, washing their dead bodies into the abyss. This band is functionally the same as a lone mountaineer. A band of mountaineers are hiking in a mountain range. There is a thick fog so they cannot see beyond a few meters. It is raining heavily and so the mountain range is being flooded, the mountaineers have to climb to a high place so they wo
Epidemic status: A random thought that I don’t feel adequate talking about. However, I believe this topic must’ve been discussed by somebody somewhere, so if my question reminds you of something similar, please point me to it. It appears to me that policy makers seem to frequently prioritise dealing with...
Epistemic status: I think I'm over complicating the matter. In the Traveller’s Dilemma (call it TD below for short), theoretically the only Nash Equilibrium is to have both players (I'll call them Alice and Bob) reasoning to give the lowest bid (Thanks Stuart_Armstrong for letting me notice this): starting with...
Epistemic Status: I was bored so I wrote this, forgetting that I was probably making a poor attempt of reinventing some wheel, and realising how I forgot to solve Motivation: To formulate the stereotypical “Obedience Test” in game theory terms. The idea came into my mind when I saw the...
I have wondered about this scenario for a while, and would like to know what is your opinion about it. Its assumptions are quite specific and probably won't be true, but they do appear realistic enough for me. (1): Assume that nuclear fusion becomes an available energy source within a...
A mountaineer is hiking in a mountain range. There is a thick fog so he cannot see beyond a few meters. It is raining heavily and so the mountain range is being flooded, the mountaineer has to climb to a high place so he won’t get washed away. He will...