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No doubt many specific problems could be addressed by work on the tragedy of the commons. But at the same time, theories around a healthy market _require_ defe
by TomMckenny 7y ago
No doubt many specific problems could be addressed by work on the tragedy of the commons.
But at the same time, theories around a healthy market _require_ defection in order to "guarantee" competition. So in its rawest form, we have an economic system that requires a system that is known to produce some bad outcomes (climate change) in order to avoid other bad outcomes (collusion). This poses large systemic challenge indeed.
- burtonator 7y agoI think the dichotomy between collusion and cooperation is a good one. I've been thinking about the Hong Kong protests a lot lately which is I think what spurred this post. I've been trying to rationalize defection as something inevitable and not just collusion. If it can be mathematically modeled then it's easier to think about rationally.
- TomMckenny 7y agoI had always though the difference was an assertion of the speaker's values: HK protesters are cooperating to stand up for their rights vs The Phoebus cartel is colluding to the disadvantage of consumers. But maybe there is an objective detectable difference, perhaps related to defection reluctance. It would be great if there is some additional force at play that differentiates between them.