>> "We know so much about game theory yet we can't apply it in politics" Oh, but we do apply this to politics, constantly; laws a re passed and enforced precise

>> "We know so much about game theory yet we can't apply it in politics" Oh, but we do apply this to politics, constantly; laws a re passed and enforced precisely to short-circuit a great many PDs; since if there's a large external penalty (even if infrequently applied) then short cuts may not pay. We tax everyone set amounts rather than ask nicely for contributions because that would set up a free-rider PD, etc, etc. Of course, many political situations also exist where companies donate heavily and then ask for such penalties to be removed so they can sell worthless securities or not have their emissions monitored anymore. Democracy turns out to be pretty thoroughly corruptible, (but so do other forms of government.)