Comments on: Trust the Game Before You Trust the Player http://www.gamechangers.com/index.html/archives/636 Improvisation for Business in the Networked World Thu, 02 Feb 2012 05:09:56 -0800 http://wordpress.org/?v=2.8.4 hourly 1 By: Unordered Thoughts | Unstructured Thoughts by Taylor Davidson http://www.gamechangers.com/index.html/archives/636/comment-page-1#comment-2704 Unordered Thoughts | Unstructured Thoughts by Taylor Davidson Sat, 14 Feb 2009 17:53:47 +0000 http://www.gamechangers.com/index.html/?p=636#comment-2704 [...] Bonifer: Trust the Game Before You Trust the Player The lessons of the Madoff Scandal are crystal [...] [...] Bonifer: Trust the Game Before You Trust the Player The lessons of the Madoff Scandal are crystal [...]

]]> By: Taylor Davidson http://www.gamechangers.com/index.html/archives/636/comment-page-1#comment-1871 Taylor Davidson Tue, 06 Jan 2009 08:56:36 +0000 http://www.gamechangers.com/index.html/?p=636#comment-1871 Few people take the time to understand the game. Even if we choose to ignore the game, it's always there, playing with or without us. A similar thought (not mine, but I forget the source and the corresponding link): if someone flips "heads" 25 times in a row, what is the odds that "heads" will come up next? Standard math says it's 50%, that each flip is an independent result. In real life, though, we know there is a subtext behind everything we do. The rational, practical real life player realizes that if "heads" has come up 25 times in a row, something is up. And with Madoff, something was up. But doubting the game, going against the social proof, it's hard to do in society. But as the Madoff scandal proves, while it may not be worth it to question it in the short-term, it's a necessity in the long-term. Few people take the time to understand the game. Even if we choose to ignore the game, it’s always there, playing with or without us.

A similar thought (not mine, but I forget the source and the corresponding link): if someone flips “heads” 25 times in a row, what is the odds that “heads” will come up next?

Standard math says it’s 50%, that each flip is an independent result.

In real life, though, we know there is a subtext behind everything we do. The rational, practical real life player realizes that if “heads” has come up 25 times in a row, something is up.

And with Madoff, something was up. But doubting the game, going against the social proof, it’s hard to do in society. But as the Madoff scandal proves, while it may not be worth it to question it in the short-term, it’s a necessity in the long-term.

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