FREE STEEM / SBD GAME THEORY RESULTS | Follow @cbcheng for more

in steem •  7 years ago  (edited)

game.JPG

Thank you for participating! Here are the results:

results.JPG

RECAP:

Instructions:

  1. Upvote and resteem this post (so that the reward pool will be bigger).

  2. Read the mechanics and answer this survey: LINK NOW CLOSED

Mechanics:

  1. Contestants will be paired randomly.

  2. You have two choices ("cooperate" or "cheat"). Your reward will depend on you and your pair's response.

    (a) If both players decide to "cooperate", they BOTH will get a fair share of the post's payouts.

    (b) However, if one player chooses to "cheat" while the other chooses to "cooperate", the cheater gets TWICE the amount of a fair share, while the player who chose to "cooperate" will get no reward.

    (c) Lastly, if both players decides to "cheat", no one gets the reward.

  3. A fair share is 100% of the SBD collected from the promo post divided by the number of contestants. (0.012 SBD)

  4. "no reward" in #2 = 0.001 SBD

I will be sending your SBD shortly. It was good to know that for a small sample size, Steemit is a community-driven platform rather than a money-driven one. 90% of the participants chose to "cooperate".

Did you miss this giveaway? Follow @cbcheng so you won't miss the next one :) upvote and resteem so that other steemians can avail free SBD in my next game theory experiment.

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  ·  7 years ago (edited)

I thought most people would cheat, because it had the high win probability but amazed to see the result that most people cooperated, even my partner thank you @gwapology
and @cbcheng for holding this contest

i'm amazed as well. maybe because i used the term "cheat"? maybe if I used a different term like "double bonus", then participants would not have felt guilty choosing this option, and the results might look different (just a thought). anyway, thank you for participating!

  ·  7 years ago (edited)

Maybe do another contest with that theory

I am done distributing your rewards! Let me know if there is any error. Thank you! :)

tip!

Hi @cbcheng! You have just received 0.1 SBD tip from @cbcheng!

send tips with @tipU | earn interest in @tipU profit

Hi! I am a robot. I just upvoted you! Readers might be interested in similar content by the same author:
https://steemit.com/steem/@cbcheng/free-steem-sbd-or-this-is-legit-i-just-need-to-test-a-game-theory

lol

This post received a 4.8% upvote from @randowhale thanks to @cbcheng! For more information, click here!

It's an interesting result! But I didn't get the porpouse of that, could you explain, please? :)

Just wanted to test this: http://ncase.me/trust

Thank you for this opportunity! Nice results, I am happy with our community:-)

Ill participate again! Cheers!

Bravo. Happy to cooperate and receive my fair half. Also received my faith in humanity.