On Marginal Advantage and Game Theory

The marginal advantage embodies the notion that one cannot, and should not, try to “win big.” In a competitive setting, the strong player knows that his best opponents are unlikely to make many exploitable mistakes. As a result, the strong player knows that he must be content to play with just the slightest edge, an edge which is the equivalent to the marginal advantage. More importantly, a one-sided match ultimately carries as much weight as an epic struggle. After all, the match results only in a win or a loss; there are no “degrees” of winning. Therefore, at any given point in a game, the player must focus on making decisions that minimize his probability of losing the advantage, rather than on decisions that maximize his probability of gaining a greater advantage. In short, it is much more important to the expert player to not lose than it is to win big. Consequently, a regular winner plays to extend his lead in a very gradual, but very consistent manner.”

via Competitive Gaming Article by Day[9], via Donnie

A Good Lesson. From Sailing, No Less.

‘”My first day of training on the yacht and I’d already managed to break something. A sail was tumbling down and the boat was losing speed. The first mate darted across the boat to find out what had happened and I started in on a long and rambling tale of the series of unfortunate events which had, through no fault of my own, caused the damage we were looking at right now. I was barely three sentences in, when the mate interrupted me: ‘I don’t give a crap whose fault it was, I just need to know what to fix’.”

http://www.tonyhaile.com/2011/09/25/four-things-i-learned-on-a-round-the-world-yacht-race/

“Of Penis Panics, Cannibalistic Spirits and Dancing Manias”

“We like to think of illness as something that happens to all of us in the same way: tuberculosis or cancer do not recognize the differences between beggars and kings, Africans and Europeans, black or white, man or woman. But when it comes to mental illness, diseases may manifest in myriad culture-specific ways. Some mental illnesses, if not, radically, most of them, may be created by culture. Penis panics, Wendigo psychoses and dancing manias are examples of culture-bound syndromes.”

via science tumbled, via @caro