Vsauce

The Game You Quit

By choosing to watch this video, you’ve already won… the game of quitting.

In 1958, John H. Fox, Jr. of the Minneapolis-Honeywell Regulator Company and L Gerald Marnie of MIT invented “The Game of Googol,” which revealed a seminal concept in the art of optimal stopping theory. The premise was simple: when given a series of choices, when do we finally decide to commit? When do we stop exploring alternatives and actually choose so that we maximize our payoff? How do we do that without just guessing?

The solution to knowing when to stop involves harnessing the power of Euler’s number, and it shows up in our lives every day. It’s how we decide when to choose a parking spot so we don’t have to drive all the way back around again. It’s how we decide who to commit to for life after having a series of relationships.

And we won’t always win. In fact, most of the time we won’t get it perfectly right. But employing optimal stopping in The Game of Googol is just like employing it in real life. We’ll win as much as possible, and when we miss by a little bit, we’ll still be pretty happy with the result.

*** SOURCES ***

For a great in-depth look at Euler’s Number, check out Numberphile: https://youtu.be/AuA2EAgAegE

Frontal-parietal and limbic-striatal activity underlies information sampling in the best choice problem: https://www.ncbi.nlm.nih.gov/pubmed/24142842

A Solution to the Game of Googol, Alexander V. Gnedin: https://projecteuclid.org/download/pdf_1/euclid.aop/1176988613

*** LINKS ***

Vsauce2 Links
Twitter: https://twitter.com/VsauceTwo
Facebook: https://www.facebook.com/VsauceTwo

Hosted and Produced by Kevin Lieber
Instagram: http://instagram.com/kevlieber
Twitter: https://twitter.com/kevinlieber
Podcast: https://www.youtube.com/thecreateunknown

Research And Writing by Matthew Tabor
https://twitter.com/matthewktabor

Editing by Aspect Science
https://www.youtube.com/channel/UCyi06SeKkiwoAzFVmQtDtfg

Huge Thanks To Paula Lieber
https://www.etsy.com/shop/Craftality

Get Vsauce’s favorite science and math toys delivered to your door!
https://www.curiositybox.com/

Select Music By Jake Chudnow: http://www.youtube.com/user/JakeChudnow

#education #vsauce2

Products You May Like

Articles You May Like

Surviving The Deadliest 2-Player Game
Forget big change, start with a tiny habit: BJ Fogg at TEDxFremont
What are years… and the galactic supermassive black hole!
Can You Drink Too Much Water?
A Mesmerizing Area Puzzle

Leave a Reply

Your email address will not be published. Required fields are marked *