4 ms·

Wow, new heights in game theory nonsense I know you're simply explaining the logic but it's still a psychopath's logic

• mc32 5y ago
  Not really. This happens pretty frequently. Hunting species to extinction, cutting down trees for fuel, etc.
  • oblak 5y ago
    Well, I didn't say we have a shortage of psychos, did I? Hunting the white rhinos to extinction is totally fine. It's just game theory, you guys.
    • deleted 5y ago
      [deleted]
    • ethbr0 5y ago
      Nobody said "fine". They said it happens, and that it follows from incentives.
      • oblak 5y ago
        Yes, yes. Here's the essence of that logic: 1. On taking: we should do it or someone else will 2. On giving: might as well skipt it because someone else will
• b3morales 5y ago
  Well, the Tragedy of the Commons can also be modeled in game theoretic terms. This is logical only in the extremely oversimplified given scope. If you ignore all externalities (possibly including your own future needs), resource exploitation can appear to be a rational course of action. But ignoring them, I would say, is not in fact logical or rational.