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What I'm reading is a monopolist is immune from scrutiny because everyone is afraid of the monopolist bankrupting them by cutting them out of supply from the mo
by kevin_b_er 8y ago
What I'm reading is a monopolist is immune from scrutiny because everyone is afraid of the monopolist bankrupting them by cutting them out of supply from the monopoly. Further through a network of shell corporations, we learn the truth of the monopoly is obfuscated.
What's good about this?
- anonymous5133 8y agoIt is a good example of game theory and how to use it to your advantage. Excellent
- cylinder 8y agoThere's no game theory here. People need to stop calling everything game theory in order to sound smart. It's a government granted monopoly. Because it involves a mysterious Chinese man and fireworks, it sounds more interesting for the media.
- Exuma 8y agoCan you expand on what you mean exactly?
- sudouser 8y agonot op, but as in: prisoners dilemma, if they speak against, they will suffer a penalty
- musage 8y agoIt teaches nothing additional to the thought experiment, and harms people. So, how is that excellent? If you don't find it excellent yourself you can't even begin to answer for that other person.