Again and again, I’ve undergone the humbling experience of first lamenting how badly something sucks, then only much later having the crucial insight that its not sucking wouldn’t have been a Nash equilibrium.
I like that quote, but the rest of the article seems to be just restating obvious collective action problems. Not sure where he gets the “Whole ideaologies have been built around ignoring these” bit.
--Scott Aaronson
Interesting! Examples?
The whole link is basically a tissue of suggested examples by Aaronson and commenters.
I like that quote, but the rest of the article seems to be just restating obvious collective action problems. Not sure where he gets the “Whole ideaologies have been built around ignoring these” bit.
Everyone doing nothing in a collective action problem is a Nash equilibrium, I believe.
Most of the relevant ideologies in question are ideologies that try to avoid this problem in economic contexts.