Gamers Get Game Theory (Steam Holiday Game Sale vs Social/Neuro/Buzzword-Economics)

Just ran into this post over on Reddit (good place, A++, will visit again).

The first (current) post is this nugget of economic theory gold…

ddLinkz 263 points 7 hours ago[-]

REMEMBER: Do NOT buy games if they are NOT a daily deal! Purchase games on the last day of the sale (January 2nd) if they haven’t been a daily deal! Usually, games that are on sale now become daily deals, so hold onto your money!

Some quick background reading here and some longer reading (especially) here. The second link is the one I was going for in the title.  You can boil all that stuff down, and indeed, a good deal of real world economic behavior, to getting what you think are good tips from your friends.

Reddit, being kinda game-like in and of itself and filled with people who have years, if not decades, of experience in unraveling a combination of cryptic and fragmented data in order to achieve a simple goal, aced Steam’s marketing team in this test.   Usually these skills are used for problems along the line of saving a princess/taking over the world/killing the bad guys, however, in this case getting the best price possible…that’s not zero, is the goal. (The zero thing is important here, as the option to go “rogue” is much higher for pc gamers.  Remember all pc gamers have access to free games, if they want to work hard enough, especially folks who hang on places that support wikileaks, ifyouknowwhatimsaying ).

Anyway, just a curious example of how economic theory and the real world collide; it’s usually just friend sharing tips.    It’s just going to happen faster now (and you’ll have more people trying to play that role on the sly).


Obama Plans to Dye Moon Red in Honor of Socialism

It’s going to happen tonight.

Many will try and use “science” to try and convince you this is not actually a sign of an over-riding socialist conspiracy to destry this country.  They are wrong (because I said so, that’s why!).

Look up into the sky tonight for proof.

North Americans should have the best seats in the house for the event, which reaches its climax at 2:41 a.m. ET Tuesday when Earth’s shadow covers every bit of the moon’s disk. For more than an hour, the moon should glow sunset-red, thanks to the light refracted by the edge of Earth’s atmosphere [and the socialist conspiracy theory, the lamestream media always “forgets” that part].

Behold, the glory of the Revolution!

The Government Disintegrates as the Union Dissolves

I don’t think this is going to end well.

The final indignity was authored by one of those very men, Francis Pickens, the state’s newly installed governor. Pickens, a portly, bewigged owner of more than 400 slaves, and an ardent secessionist (“I would be willing to appeal to the god of battles, if need be, to cover the state with ruin, conflagration and blood, rather than submit,” is a recent quote), is nominally a friend of the president. He wrote Buchanan a letter, saying, “I am authentically informed that the forts in Charleston harbor are now being thoroughly prepared to turn, with effect, their guns upon the interior and the city.”

I just don’t see how this latest issue can be resolved without bloodshed.   I’m afraid Pickens quote is going to turn out to be quite prescient.

This ongoing NYT series is a lot of fun.

UPDATE: This ongoing bullshit is not.

On December 20, 1960, South Carolina’s Ordinance of Secession was signed by 169 men and the state became the first to formally leave the United States. Abraham Lincoln famously responded that the secession would not stand, and four months later the first shots of the Civil War were fired at Fort Sumter, South Carolina.

To commemorate the secession, a small ceremony was held on Monday at the spot where the declaration was signed, and a new historical marker was dedicated.

“It’s undeniable that these men sought to preserve the institution of slavery,” Charleston Mayor Joseph P. Riley, who is white, said of those who signed the document.

“You’re a Liar,” an unidentified bystander shouted at Riley.

Riley continued: “Slavery is mentioned in the Declaration of Immediate Causes for secession 31 times. There can be no celebration in the recording of this moment.”

Nothing like a sesquicentennial to bring out the best in people.