Game Theory – Détails, épisodes et analyse

At a glance:

Takeaways

Shrinkflation is the process of products decreasing in size or quality while maintaining the same price.

Examples of shrinkflation include smaller food packages and thinner burger patties.

Ben and Jerry's faced tax issues in Canada due to downsizing their ice cream pints.

Skimpflation refers to a decrease in product quality for the same price.

Shrinkflation impacts consumer experiences and the economy. Shrinkflation and skimflation are common practices where companies reduce the size or quality of products while maintaining the same price.

Examples include Ben & Jerry's reducing ice cream container sizes and Chipotle decreasing portion sizes.

Measuring skimflation can be challenging, as it often involves changes in product quality that are not easily quantifiable.

Companies like McDonald's and Subway are facing declining sales and customer frustration due to high prices and lack of value.

Businesses should focus on providing quality products at affordable prices to meet customer expectations and drive sales.

In this episode, we explore the concept of shrinkflation, where products decrease in size or quality while maintaining the same price. They provide examples of shrinkflation, such as smaller food packages and thinner burger patties. The hosts also mention Ben and Jerry's involvement in shrinkflation and how it led to tax issues in Canada.

They touch on the related concept of skimpflation, where the quality of a product decreases for the same price. Overall, the conversation highlights the impact of shrinkflation on consumer experiences and the economy. The conversation explores the concepts of shrinkflation and skimflation, which refer to the practice of reducing the size or quality of products while maintaining the same price.

Examples are given, such as Ben & Jerry's reducing the size of their ice cream containers and Chipotle decreasing the portion sizes of their meals.

The discussion also touches on the challenges of measuring skimflation and the impact it has on consumers. McDonald's and Subway are highlighted as examples of companies facing declining sales and customer frustration due to high prices and lack of value. The conversation concludes with the importance of businesses focusing on providing quality products at affordable prices.

Chapters:

00:00 Introduction and Casual Chat

02:57 The Decline of Dating Apps

11:16 Introduction to Shrinkflation

17:30 Examples of Shrinkflation

21:44 Ben and Jerry's Involvement in Shrinkflation

24:22 Skimpflation: Decrease in Quality

25:01 Impact of Shrinkflation on Consumers and the Economy

31:38 Examples of Shrinkflation and Skimflation

36:32 Challenges in Measuring Skimflation

39:42 Impact of Shrinkflation and Skimflation on Consumers

45:07 Struggles of McDonald's and Subway

48:25 The Importance of Providing Value to Customers

In this episode, Nick and Chris discuss black swan events, which are rare and unpredictable events with significant consequences.

They explore the criteria for a black swan event and provide examples such as the 2008 financial crisis and the 9/11 terrorist attacks. They also discuss the predictability of these events and the impact they have on society and the global order.

The conversation explores the concept of black swan events and their impact on history and society. It discusses various examples of black swan events, including the South Sudan basketball team playing the wrong national anthem, the 9/11 terrorist attacks, and the COVID-19 pandemic.

The conversation also touches on the US intelligence community's Global Trends reports, which predict future trends and potential black swan events. It concludes with a discussion on the limitations of predicting and preparing for black swan events.

Chapters

00:00 Introduction and Multilingual Podcast

01:17 Marvel Casting Robert Downey Jr.: A Cry for Help?

06:16 The Concept of Black Swan Events

14:09 Examples of Black Swan Events: 2008 Financial Crisis

19:00 Nassim Nicholas Taleb's Definition of Black Swan Events

23:45 9/11: A Black Swan Event

28:03 Introduction to Black Swan Events

29:58 Examples of Black Swan Events

36:29 The Role of US Intelligence in Predicting Black Swan Events

45:19 Geomagnetic Storms and Other Potential Black Swan Events

47:42 The Consequences of US Disengagement

Summary In this conversation, the hosts discuss various topics, including the New York State salary listing requirement, the impact of AI on creative expression, the importance of a paper co-authored by prominent thinkers in foreign policy, the revolutionary change brought about by nuclear weapons, and the use of AI in music and art. They also explore the automation of mundane processes, the joy of buying books, AI-generated book covers, and the romanticization of everyday life through AI-generated images. The conversation concludes with a discussion on a potential strike in Hollywood and the reputability of sources. Takeaways New York State requires employers to list the salary for every job posting on the internet. AI is efficient at making associations and correlations but lacks the ability to generate ideas. AI has had a profound impact on scientific writing and publications. AI can automate mundane processes and speed up tasks that require intellectual capital. AI-generated book covers and images raise questions about the loss of artistic expression. AI-generated music and art have both positive and negative implications. The hosts express their love for buying books and the joy of owning them. The conversation touches on the potential strike in Hollywood and the reputability of sources. Sound Bites Chapters 00:00 Introduction and Celebration 02:10 New York State Salary Listing Requirement 03:00 Excitement for Future Topics 04:07 Predictability and Clip Reappearance 05:10 AI and Creative Expression 07:00 Prominent Thinkers in Foreign Policy 09:04 Importance of the Paper 11:38 Revolutionary Change of Nuclear Weapons 12:35 AI as Mathematical Correlations 14:15 AI and Music 15:23 AI's Impact on Scientific Writing 15:54 Automating Mundane Processes 18:03 AI-Generated Book Covers 19:50 AI-Generated Music and Art 22:01 AI's Impact on Artistic Expression 23:00 AI-Generated Images and Romanticization 24:06 AI-Generated Music Revisited 25:32 Player 3's Musical Preferences 26:09 Potential Strike in Hollywood 26:47 Reputability of Sources

Are aliens real? If they are would they want us? In this episode, Nick & Chris look into the math and philosophy of life being out there somewhere. 

You can follow the show and participate in discussions on Facebook here: https://www.facebook.com/gametheorypod

If this description doesn't contain resources and a googliography, check back later, it's on the way. 

Clips: Arrival, South Park.

In medieval Chinese myth, a brilliant writer and strategizer documented the best strategies of the day in a book called the thirty-six stratagems. In the separation subsection, there's a bluff called the "Empty Fort Strategy."

This strategy is so crazy, that it just might work. 

It enters into the realm of reverse and reverse-reverse psychology in the manner that a bluff in poker does. 

In this episode, the guys talk about the Empty Fort Strategy, military bluffs, and general one-upmanship in competition

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Email the guys: gametheroymedia1@gmail.com

Subscribe to the YouTube Channel: https://bit.ly/3pderlY
Find the show on FB: https://www.facebook.com/gametheorypod

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Googlyography:

EMPTY FORT STRATEGY

Wikipedia: Empty Fort Strategy Wiki: https://en.wikipedia.org/wiki/Empty_Fort_Strategy#:~:text=The%20Empty%20Fort%20Strategy%20is,listed%20in%20the%20following%20sections.

OTHER BLUFFS

Military Bluffs: https://www.kickassfacts.com/10-greatest-bluffs-in-history-that-actually-paid-off/

Military Bluff Reddit: https://www.reddit.com/r/AskHistorians/comments/uabjp/what_are_some_of_the_greatest_military_bluffs_of/

Thirty-six Strategems Wiki: https://en.wikipedia.org/wiki/Thirty-Six_Stratagems

Bluffing Board Games: https://www.boardgamehalv.com/best-bluffing-board-games/

The chess world championships were delayed in 2020 due to the Covid-19. Now the championships will happen for about ten days in late November 2021.  The match will pit challenger Ian Nepomniatchi against three-time defending champion and world number 1, Magnus Carlsen. In this episode, Nick and Chris will dive into the history of chess champions and discuss the historic relevance of the current Magnus reign of terror.

TPIR is entering its 50th season. So, how do you win? How do you avoid losing? Why do people do what they do on contestants' row?

Full resources and description is pending

Helpful Links: 

Learn more about Justin: https://bit.ly/3kaj8vk

The Price is Right Stats: https://bit.ly/3BJULul

In this episode, the boys talk about college football, the only North American team sport to have huge arguments about who the best team is and who gets the right to challenge for the title. 

In this episode, we start our "We Got a Guy for that" series for when we're out of our depth (which is usually the case). Our friend Trent Williams (Not the superstar left tackle for the San Francisco 49ers), has more than 1K subscribers on his outdoor YouTube channel and is an avid and expert hunter and angler. 

We discuss the difference between state tag lottery systems and the North American conservation model. 

Find more about Trent: 

YouTube: https://www.youtube.com/channel/UC3oydSanPXCVH6gO3pAorTg/videos

Facebook: https://www.facebook.com/TrentWilliamsOutdoors

Contact the show at gametheorymedia1@gmail.com

Resources:

Women's Suffrage in Wyoming: https://en.wikipedia.org/wiki/Women%27s_suffrage_in_Wyoming#cite_ref-:4_15-1

WyoHistory: https://www.wyohistory.org/encyclopedia/women-jury-wyoming-makes-history-again

Right Choice, Wrong Reasons: https://www.wyohistory.org/encyclopedia/right-choice-wrong-reasons-wyoming-women-win-right-vote

150 years of women in Wyoming https://www.powelltribune.com/stories/celebrating-wyomings-history-of-remarkable-women-leaders,30486

Wyoming Women, a timeline: https://wywf.org/wyoming-womens-history/

Further reading:

https://www.usatoday.com/in-depth/life/women-of-the-century/2020/08/13/wyoming-woman-equal-rights-first-state-women-voting-rights/5021228002/

NOTE: Game Theory is educational and conversational - it is not meant to be 100% accurate. We will make relevant corrections in subsequent episodes.