It’s funny because it’s true …

I suspect this is part of the reason why none of the economists I know play board games together …

Source SMBC.

It is true though, if you ever come out for drinks with us this is how we talk … hell, that is even how I plan on dressing in a few years time 😉

Update:  Eric Crampton points out another way of interpreting the comic:

Wait…maybe the comic means that there’s optimally a separating equilibrium. The all-economist games that are fun, and the non-economist games that would be far far less so….

I have to admit, if I was the little kid in this situation I would find the ranting about economics entertaining rather than scary – so Eric’s explanation makes sense to me.  When I was a little kid I liked to be the banker outside of the actual Monopoly game and have loans in the game, which would involve negotiating over interest rates – I thought it was brilliant but no-one else did …

  • BS. Caplan DMed an all-economist D&D game at GMU; it was awesome. The awesomist bit of awesome that ever awesomed. We also ran all-economist sessions of Diplomacy. You try and make a credible commitment to Robin Hanson, even if you plan to follow through. Not easy.

    Wait…maybe the comic means that there’s optimally a separating equilibrium. The all-economist games that are fun, and the non-economist games that would be far far less so….

  • @Eric Crampton

    “Wait…maybe the comic means that there’s optimally a separating equilibrium. The all-economist games that are fun, and the non-economist games that would be far far less so….”

    I like your explanation. That deserves an update to the post …

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  • Robbie

    A version of the game that pits monopolists against competitors. Monopolists get better returns but higher penalties.

    http://www.antimonopoly.com/antimonopoly_boardgame.html

  • Matthew Proctor

    Last Monday I played Settler of Catan. I sold an option to purchase one wheat for two sheep.

  • Haha, that is so true…

    I loved to play Monopoly when I was a kid.

  • This is very true. I used to play Monopoly and Cashflow – if it wasn’t for the beer I’d learn somehitng playing these games 🙂

  • Some people really believe a lot of fairy tales