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https://followersoftheapocalyp.se/the-winning-move-is-not-to-play-game-theory-and-the-willetts-funding-model/ Purity * Truth * Beauty Wed, 02 Mar 2011 09:57:42 +0000 hourly 1 https://wordpress.org/?v=7.1.3 https://followersoftheapocalyp.se/the-winning-move-is-not-to-play-game-theory-and-the-willetts-funding-model/#comment-40 Wed, 02 Mar 2011 09:57:42 +0000 http://fotapocalypse.wordpress.com/2011/02/25/the-winning-move-is-not-to-play-game-theory-and-the-willetts-funding-model#comment-40 The house always wins. Agreed.I really hope we do see Vice Chancellors do something daring. That’s kind of why I used the “Prisoner’s Dilemma” type boxes (it’s not a classical Prisoner’s Dilemma of course, though that’s how Willetts would like us to see it.), it makes it clear that if you play by the BIS rules, you lose (Hence “the winning move is not to play” – aside from the fact everyone loves “War Games”).Great comment, thank you

]]> https://followersoftheapocalyp.se/the-winning-move-is-not-to-play-game-theory-and-the-willetts-funding-model/#comment-39 Wed, 02 Mar 2011 09:03:57 +0000 http://fotapocalypse.wordpress.com/2011/02/25/the-winning-move-is-not-to-play-game-theory-and-the-willetts-funding-model#comment-39 the problem with the prisoner’s dilemma is perhaps it’s too small a window on a decision which won’t show deliverables until at least three years into the future.The major issue is that most Universities are as closed shop and inflexible as the coal industry was. I said to a friend two years ago that most Universities are blindly walking into their own Battle of Orgreave. They laughed it off. Both of those academics don’t have jobs now. There is scope for savings at Universities – to believe otherwise is folly – so ignoring the potential for price competition as a differential would be inaccurate. I also think product competition using some dynamic thinking could go a long way.This is coupled with the fact that most VCs are careerist, and what’s to gain in their risk taking. So I don’t think it’s a Willett’s Dilemma, it’s a cowardice dilemma. If we all do 9000 pounds then it’s status quo, and we continue. New labour’s real gift to society was creating a cabal of leaders who aren’t. Decisions made via polls and consensus aren’t really made.I’d love to be a VC right now. And I’d stick at 3,000 pounds. Impossible? Course not. It’s not like i’ve worked on something that for 30,000 which completely owns a 2 million pound a year alternative. These aren’t sacred pillars, they are just the gravel for tomorrow’s roads. Push. Push on. Push against. Reach.And the best move, is always, and will always be, to control the game. If the house always wins, then be the house.

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