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Finite and Infinite Games
Topic: Miscellaneous 8:48 pm EDT, Jun 13, 2013

Ben Bernanke:

Don't be afraid to let the drama play out.

If your uniform isn't dirty, you haven't been in the game.

Mary Meeker, Scott Devitt, and Liang Wu:

Do humans want everything to be like a game?

On Finite and Infinite Games:

There are at least two kinds of games: finite and infinite.

A finite game is a game that has fixed rules and boundaries, that is played for the purpose of winning and thereby ending the game.

An infinite game has no fixed rules or boundaries. In an infinite game you play with the boundaries and the purpose is to continue the game.

Finite players are serious; infinite games are playful.

Finite players try to control the game, predict everything that will happen, and set the outcome in advance. They are serious and determined about getting that outcome. They try to fix the future based on the past.

Infinite players enjoy being surprised. Continuously running into something one didn't know will ensure that the game will go on. The meaning of the past changes depending on what happens in the future.



 
 
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