This article was written by a different author than usual. It is a contribution from the editor. Something that has been mentioned previously on this blog is how culture is influenced by natural selection. A society’s culture acts much in the same way as a species’ genome, as they are both products of and determining … Continue reading Choosing Who to Love: How the West Beat a Game Theory Trap While China Embraced It
Collective Action You are probably familiar with the prisoner’s dilemma. For those who don’t know, here’s a quick summation. The prisoner’s dilemma is the archetypical game theory situation. See the above example. If both players confess, both loose 6 points of utility. If neither confess, both loose one point of utility. But if one confesses, … Continue reading What is Social Capital?