r/GAMETHEORY • u/__hymn • 1d ago
I published a book that flags its own fairness principle as incomplete: it counts time, energy, emotional labor and risk as currencies but admits it has no exchange rate between them. Does game theory have one?
The chapter starts from Axelrod: iterated Prisoner's Dilemma, two tournaments, Tit for Tat wins both, nice strategies dominate the leaderboard. That part is settled literature and the book cites it as a benchmark rather than claiming any credit for it.
Then it builds a fairness protocol on top, and this is the part I want this room to hit. The protocol says: when you split anything with anyone, calculate the true fifty. Not just money. The ledger should include time, energy, emotional labor, and risk, which means an equal split of cash can be a deeply unfair split of everything else, and sometimes unequal money is what actual equality costs.
The book then does the thing I insisted on throughout: it flags its own hole, in print. No conversion procedure between those currencies appears anywhere in the text. How many hours equal how much risk is left entirely to judgment. The flag is marked GAP, one of five marker types the book uses to separate established results from its own speculation.
So my question for people who work in this field: does the gap have a real answer? My half-informed understanding is that bargaining theory sidesteps the exchange rate problem by working in utilities. Nash's solution does not need hours converted to dollars because both collapse into each player's utility function. But that feels like it relocates the problem instead of solving it, since eliciting honest utility functions over emotional labor from two parties mid-negotiation is exactly the hard part. Is there work on multi-currency fairness where the currencies resist a common scale? Cooperative game theory? Fair division with heterogeneous goods?
Disclosure, since it is load-bearing for whether you trust anything above: the book was written in extensive collaboration with an AI, and says so on the copyright page and in the retail listing. Every claim in it carries a marker. Externally established results are labeled and cited at the sentence. The book's own speculation is labeled as exactly that. The Axelrod material is in the first category. The fairness protocol is in the second. Not linking anything here.
If the answer is "this is solved, go read X," that helps more than agreement would. The next edition prints corrections and names the people who forced them.


