The Big Point About The Prisoners Dilemma

[Borodog]

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Total nonsense. Every positive externality is a PD type problem. They very much occur even in the presence of private property. They do often generate their own solutions, but usually that solution *is* centralized violence.


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Example please if you dont mind.

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Normally I don't have to read this kook's posts, since I have him on ignore, but since you've quoted him, I suppose I have to respond.

"Positive" externality? I'm sure you mean negative externality? The fact that my neighbor benefits from me mowing my lawn surely doesn't lead to a Prisoners' Dilemma, I trust?

Assuming you meant negative, duh. That's exactly what I said. Such cases can only arise in the absence of property rights (hence there are negative externalities), and systems of property rights always evolve in such situations to internalize those costs (unless this process is prevented by government).

In the future you may cease responding to my economics posts. You're on ignore, Mr. You Can't Make Money Pumping Oil Out Of The Ground Because You Need Oil To Do It.

[Borodog]

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I think that was it. Meanwhile I have no idea what those who are arguing with me are saying and am not even sure whether they are talking about the same thing.

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Just provide an example and I'll elaborate.

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For now I have no incentive to delve into it. But I would be curious what they have to say about that book.

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You can start with which book it actually is.

[David Sklansky]

Moral Calculations

[Misfire]

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The Prisoners' Dilemma is not a dilemma at all for the free market.

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The Evolution of Cooperation by Robert Axelrod spells this out nicely.

[Borodog]

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The Prisoners' Dilemma is not a dilemma at all for the free market.

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The Evolution of Cooperation by Robert Axelrod spells this out nicely.

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I'll have to pick it up.

[Borodog]

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Moral Calculations

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Is this the name of the book or an example of a PD economic problem? I've never heard of "moral calculations."

[Mickey Brausch]

"Moral Calculations : Game Theory, Logic and Human Frailty"

Watch out, David's in a playful mode.

[David Sklansky]

Why would a group of rational people HOPE for a big brother?, if they realise they would all be better off if the big brother existed then shouldn't they cooperate and act as if he did?"

chez

I'm talking about multiple players. Think steroids.

[FortunaMaximus]

It allows them to breathe easier. The other end of the ratioinale is the problem. You justify excessive force, then try to lay blame on an unseen entity.

[David Sklansky]

I have no idea what you are talking about. Perhaps you didn't realize I was talking about the fact that all bodybuilders would be better off if Big Brother forced them to stop taking them.