Economics

1716 readers

1 users here now

founded 5 years ago

MODERATORS

[email protected]

Nash equilibrium (www.dicebreaker.com)

submitted 11 months ago by [email protected] to c/[email protected]

3 comments fedilink hide all child comments

So there is a name for it. This situation we are in where nearly everyone wants to improve their society and avoid climate crisis etc, but there is no change an individual can make to improve the situation. So everyone keeps doing the same thing, helplessly knowing their strategy contributes to everything being terrible.

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 1 points 11 months ago

Yes that's the value of game theory. It's not really about the silly games. It's a way to understand real life, using silly games as examples. It helps us think of ways to understand our problems and to change the world, that we would not have thought of otherwise.