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Recycling Topos in Music and Narratives Symmetry Asymmetric World of Clouds § 1.2 Symmetry Salon: Cloud vis-` a-vis Clock Preston S. Fan School of Management, New York Institute of Technology April, 2014 Preston S. Fan § 1.2 Symmetry

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Page 1: Lecture1.2

Recycling Topos in Music and Narratives Symmetry Asymmetric World of Clouds

§ 1.2 SymmetrySalon: Cloud vis-a-vis Clock

Preston S. Fan

School of Management, New York Institute of Technology

April, 2014

Preston S. Fan § 1.2 Symmetry

Page 2: Lecture1.2

Recycling Topos in Music and Narratives Symmetry Asymmetric World of Clouds

Table of Contents

1 Recycling Topos in Music and NarrativesGoldberg VariationsRecycled Narratives

2 SymmetryThe Universe of Clocks

3 Asymmetric World of CloudsExploitation of SymmetrySymmetry in Auction Strategy

Preston S. Fan § 1.2 Symmetry

Page 3: Lecture1.2

Recycling Topos in Music and Narratives Symmetry Asymmetric World of Clouds

Goldberg Variations

G222 ˘ ˘2

ˇ ˇ ˇIJIJ

ˇ ˇŰŰ 3

ˇ ˇ 6IJIJ6ˇ

G222 ˇ ˇ ˇ

èèˇ

2

2 ˇ ˇÑÑ

ˇ ˇ ˇŃŃ

G222 ˇ ˇ ˇ ˇ ˇ ˇ ˇŒŒ

ˇ2

ˇ ˇŮŮ

Preston S. Fan § 1.2 Symmetry

Page 4: Lecture1.2

Recycling Topos in Music and Narratives Symmetry Asymmetric World of Clouds

Goldberg Variations

G222 2 ˇ ˇŒŒ

ˇ2

6 6ĚĚ ˇ ˇ 6ËË

G222 6 ˇĚĚ ˇ ˇˇ

ÅÅˇ 2 ˇ ˇĚĚ

G222ˇ ˇ ˇÅÅ

6 2 ˇˇ ˇ ˇ

(Bach, J.S. 1885. Musikalisches Opfer, ed. A. Drffel. Leipzig,Germany: Breitkopf Hartel)

Preston S. Fan § 1.2 Symmetry

Page 5: Lecture1.2

Recycling Topos in Music and Narratives Symmetry Asymmetric World of Clouds

Recycled Narratives

A story goes:Once upon a time, there lived an old man in a cabinet on a

hill. He was telling a story to his dog: ”Once upon a time, therelived an old man in a cabinet on a hill. He’s telling a story tohis dog...”

Similar to the paintings of M.C. Escher (1898−1972).

Preston S. Fan § 1.2 Symmetry

Page 6: Lecture1.2

Recycling Topos in Music and Narratives Symmetry Asymmetric World of Clouds

The Universe of Clocks

Symmetry

Regular (irregular?)

Symmetry is to simplify (copy or lose information)

Symmetry is then short of information

Preston S. Fan § 1.2 Symmetry

Page 7: Lecture1.2

Recycling Topos in Music and Narratives Symmetry Asymmetric World of Clouds

The Universe of Clocks

Human behaviors

In a strictly competitive game, imitation is a winingstrategy

No chance moves: Chess, Tic-Tac-Toe, etc.With chance moves: Nim, Hex, Poker, etc.

Make every cloud a clock: measure is what we measure

Security strategy: iterated rationality

I think whether you think I think you think I think youthink I think... (Fixed point theory)No (rational) one agrees to disagree... (Asymptotic beliefs)

Preston S. Fan § 1.2 Symmetry

Page 8: Lecture1.2

Recycling Topos in Music and Narratives Symmetry Asymmetric World of Clouds

Symmetry is more like a result asymptotically than anautomaton?

Survival of smallest information set

Iterated expectationE[E(E(y |x1, x2, x3) |x1, x2) |x1] = E(y |x1).

A result of what?

Preston S. Fan § 1.2 Symmetry

Page 9: Lecture1.2

Recycling Topos in Music and Narratives Symmetry Asymmetric World of Clouds

6 1 87 5 32 9 4

Transpose =

”Flip left− side− right”

+

”Rotate 90◦counter − clockwise”

2

7

69

5

14

3

8

6

1

8

7

5

3

2

9

4

83

4

15

9

67

2

Linearized world of clocks

Preston S. Fan § 1.2 Symmetry

Page 10: Lecture1.2

Recycling Topos in Music and Narratives Symmetry Asymmetric World of Clouds

In a symmetric game with no equilibrium in pure strategy,invite Chance moves.

A randomization device or mixed strategy short-circuitsthe vicious circle of ”I think you think I think...”

Player IIHead Tail

I

Head 1−1

−11

Pla

yer

Tail −11

1−1

q

p

0.5

0.5

1

1

q = R1(p) p = R2(q)

Preston S. Fan § 1.2 Symmetry

Page 11: Lecture1.2

Recycling Topos in Music and Narratives Symmetry Asymmetric World of Clouds

Exploitation of Symmetry

In political science, for only two candidates,

H. Hotelling(1929): Median Voter Theorem

If there are three or more candidates, what result would youexpect?

(Backward induction)

Preston S. Fan § 1.2 Symmetry

Page 12: Lecture1.2

Recycling Topos in Music and Narratives Symmetry Asymmetric World of Clouds

Exploitation of Symmetry

In the rational wonderland of economic science, does timingmatter?

In the game of Chess, Nim or Skittles, timing determineswho is the winner.

However, for a lot of games, their sequential version would differa lot from their simultaneous version.

ex: Stackelberg’s with respect to Cournot’s

Preston S. Fan § 1.2 Symmetry

Page 13: Lecture1.2

Recycling Topos in Music and Narratives Symmetry Asymmetric World of Clouds

Symmetry in Auction Strategy

Sequential rationality (Bayesian)

Symmetry might exist in either of

TimezoneSpace

How to avoid a Dutch book?

Bayesian updatingSeparating beliefs from preferences

To utilize symmetry in the auction design:

Duality in optimization and mini-max saddle point;

Nash’s strategy-stealing argument on Hex game;

Tit-for-tat automaton

Questions: Reciprocity or symmetry

Preston S. Fan § 1.2 Symmetry

Page 14: Lecture1.2

Relevant Readings

Manfred Eigen, Ruthild WinklerLaws of the Game: How the Principles of Nature GovernChancePrinceton University Press. 1993.

Ken BinmorePlaying for RealOxford University Press. 2007.

Preston S. Fan § 1.2 Symmetry