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by dash2
3541 days ago
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" any solution to a problem that is not a Nash-equilibrium cannot be implemented." This is empirically false. For example, voluntary contributions to a public good are not a Nash equilibrium, but we observe substantial contributions in experiments with real humans. It's also weird to argue this and then argue against govt intervention. If you don't think non-Nash solutions to public goods problems such as global warming work, then what alternative is there but government intervention? |
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Only if they win would it actually mean something. Call me when donations (or government policy) end poverty, for instance.