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Q. Why might a single agent stuck in a sub-optimal Nash equilibrium, along with 100s of millions of others, not make a different choice that might cost them mor
by abdullahkhalids 7y ago
Q. Why might a single agent stuck in a sub-optimal Nash equilibrium, along with 100s of millions of others, not make a different choice that might cost them more?
A. Ideology. If the agent wants a different global equilibrium, they might decide that them choosing differently, (1) calms their conscience and/or (2) actually make a material different in the choices of others.