Modeling Cycles of Grift with Evolutionary Game Theory
Summary
Oran Looney introduces a three-strategy Evolutionary Game Theory model (Grifter, Skeptic, Mark) to analyze cycles of scams and trust. The piece demonstrates how replicator dynamics yield cyclical, non-transitive trajectories on a population simplex, discusses results and limitations, and compares the GSM model to the classic Hawks-Doves-Retaliators framework.