Poker as Strategy for Education

From CyberOne Wiki

Poker as a Strategy for Education

with Annie Duke:

Poker as a tool for teaching proper decision making under conditions of uncertainty.

main points:

1) Understanding the relationships between decisions and outcomes, that they are not one to one where good decision= good outcome and bad decision=bad outcome. That under the kind of decision making problem poker presents the decision must be evaluated somewhat independently of the outcome…that a bad outcome does not always mean a mistake and vice versa. This applies well to understanding things like drug use or drunk driving, for example.

2) Poker as the paradigm for teaching strategies geared toward making decisions easier for ourselves going down the road. Understanding when decisions will be too difficult so we choose to opt out by a fold or an all-in. Understanding when those moves are ok. Understanding strength of position in relation to whether we must offer first or second in a negotiation. Etc.

3) poker as the ideal game for understanding good decision making strategies because of the quick feedback loop

4) Sunk Cost bias as it relates to poker and beyond.