3 ms·
There is a name for this kind of phenomenon - Inadequate Equilibria - why civilizational scale failures can still occur even if every actor is doing things as e
by yewenjie 5y ago
There is a name for this kind of phenomenon - Inadequate Equilibria - why civilizational scale failures can still occur even if every actor is doing things as efficiently as possible.
Some of you might want to read the excellent book that introduced the concept - https://equilibriabook.com/ https://equilibriabook.com/