Hi all,
You may have noticed a new series I've been doing about theories from economics and game theory that help poker players, I'm using this thread to collect them all/update them/discuss them.
- The Matthew Principle
- The Tragedy of the Commons
- Gambler's Ruin
- The Pareto Principle
- The Ultimatum Game
- The Survivor Bias
- The Cobra Effect
- Black Swan events
- Prospect Theory
- Marginal Utility
- The illusion of control
- The Bike Shed Effect
- The Peter Principle
- Commitment Devices
- Flow
- The Dunning-Kruger Effect
- Prize Linked Savings
- The Lindy Effect
- The Red Queen Effect
- Occam's Razor
- The Law of Large Numbers
- Fundamental Attribution Error
- Gresham's Law
- The Sunk Cost Fallacy
- Bushnell's Law
- Opportunity Cost
- The Gell-Mann Amnesia Effect
- Mutually Assured Destruction
- The four types of luck
- Skin In The Game
If you have any questions or know any other cool theories worth including, let me know here.
