Skip to main content

The Misunderstood Game of Common Sense

The Wikipedia Game is a competition encouraging participants to navigate the online encyclopedia through available URL links to discover a predetermined page. The game inherently demonstrates one of the critical facets of efficient markets, from which often spawn a series of additional frictional events: the information problem. 

The information problem is a consequence of scarcity, which takes many forms and faces each person across every episode of human behavior, however momentous or trivial, inclusive of a near-infinite and ever-developing set of unique circumstances. We can therefore never properly assume that there ever exists a very bare minimum of knowledge possessed by any set or persons when confronted with a challenge. 

A common folly among persons today is the intense and popular invocation of “common sense” as an embodiment of some Holy standard to be worshipped and embodied by all. Of course, there exist no such empirical or historical parameters to support the expectation of common sense, yet the general equilibria of the populace, as well as its general acceptance of decorum, tend to generate this flimsy, thoughtless illusion. We know this because the Wikipedia Game, despite appearing to contain an ingredient of “common sense” baked into its process, requires rudimentary computer, language, and Internet skills, an acceptance and understanding of the rules governing the game, and a minimal conceptual grasp of the terms gracing each page along the way to the final webpage. 

There are apparently scores of dynamics, those of focus, interference, and limited knowledge related to the subjects on each page, each link, and ultimately on the end page, guiding one through each phase to the end goal of that precise predetermined page. The participant who achieves comparative success by minimizing distractions, comprehending the game’s rules and accurately predicting the details and layers associated with each link, will ultimately win this game. 

Of course, the capacity of an individual to win any game is consistent with not only a controlled set of variables, but rather simultaneously inclusive of a variety of exogenous, even immaterial influences, as far as they pertain to the outcome of this game. Of course, being that so little is leveraged upon the outcome of this game, the inputs generated to secure their outcomes are unlikely to produce any semblance of one’s full capacity, as even the time allocated to the task is often scant and reduced to mere recreation. However, the game illustrates an important facet of those more serious components of market activity, and its value is doubtless instrumental to a complete comprehension of individual behavior and its consequence of market behavior. 

Comments

Popular posts from this blog

Death by Socialism

This title is available for purchase on Amazon ,  Lulu ,  Barnes & Noble , and Walmart .

Rally for Route 66!

Keep up the fight for the Mother Road! Rally for Route 66! There is a lot at stake in preserving this irreplaceable monument to American history, not merely as a tourist attraction but as a means to permitting a glimpse into our past, as a means to virtual time-travel into a time and space otherwise inaccessible, as a means to capturing the imaginations of future generations and to preserving the memory of our forbears in both form and spirit.  We are nothing without reverence for our forbears, without our heritage or our identity as a people, without the preserved memory of our history. Without these reminders, without the tangible connections to our past and the efforts which have forged our path and come to define us, without these monuments to the pioneering and the innovative, we are destined to forget all of that which makes us uniquely human, all of that which has afforded us so much insight and abundance, all of that which has given us pause to reflect and remember and to appre

Get Your Copy of “Death by Socialism” Today

Buy your copy of  Death by Socialism  today at  Lulu ,  Amazon ,  Barnes & Noble , or  Walmart .  Every year, there is a list of the world’s top causes of death. The list ordinarily includes heart disease, stroke, pulmonary disease, lung cancer, tuberculosis, and malaria, among others. However, there is one cause of death that is conspicuously absent from this list; one that has claimed more than one hundred million lives over the past century alone, and one that has left countless mil- lions of lives and families in shambles. You will not find this cause of death listed on any coroner’s reports. You will not find any laboratories researching a cure. There are no fundraisers or public awareness campaigns around it. You will not even find a passing mention of it in any of the newspapers. It is the most ruthless of serial killers, and yet it never has its day in court. More than people, this cause of death has claimed entire civilizations. It is the most silent of killers: it is Deat