3 ms·
For all the good properties that a free market has it is not a stable property game-theory wise. Unless a god-emperor intervenes to prevent (natural) monopolie
by afiori 4y ago
For all the good properties that a free market has it is not a stable property game-theory wise.
Unless a god-emperor intervenes to prevent (natural) monopolies and unfair competition free markets are bound to degenerate at least a bit.