Re: Poker theory: completely blind strategy
Very fascinating. However, in the Prisoner's dilemma all agents are fairly equal and if one agent is more intelligent than another his or her edge cannot be exploited as greatly when only given two choices. If they had more choices their edge over other agents would be more apparent in the long run.
On the other hand, poker tournaments, esp NL, give expert players an enormous edge to begin with because of so many options available to them. Therefore, an expert player will lose value by taking blind 50/50 gambles. Furthermore, each chip you gain in a tournament is worth less than the one before it so doubling up early on a big gamble does not raise your EV significantly.
Yet, informed cooperation in poker, eg. two expert players going after the dead money before each other, may be a loose example of the prisoners dilemma working in a poker tourney.
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