Keyword: group interest
Games Are Serious and Ubiquitous (7/7/2006)
In game-theoretic situations, organization and coordination are needed to ensure the compatibility of individual and group interests.
Keywords: binary choice, coordination, dominant strategy, free market, game, game theory, government intervention, group interest, organization, PD, prisoner’s dilemma, self-interest, strategic behavior
Lending an Invisible Hand (11/30/2010)
The efforts to polish my resume for selfish reasons ended up helping many worthy causes.
Keywords: Adam Smith, collective good, game theory, group interest, invisible hand game, self-interest