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February 20, 2013 10:45 pm PST
Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/qX9brloCFME/stag-hunts-fascinating-and-us.html
Stag Hunts: fascinating and useful game theory model for collective action problems
Yesterday, I wrote about some John Hopkins' students who overcame a game theory problem and got an A for the whole class. I called it a non-iterated Prisoner's Dilemma, but as Tim Harford points out, it's more of a Stag Hunt, a game theory category that I hadn't been aware of, and which has fascinating [...]Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/qX9brloCFME/stag-hunts-fascinating-and-us.html
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