One of game theory's most famous quandaries is the Tragedy of the Commons. But, through her years of research, Nobel Prize winner, Elinor Ostrom, showed us that we're not doomed to tragedy after all.Communication and regulation are the solutions to the problem. May we learn to apply these lessons more fully.
A blog about societal, cultural, and civilizational collapse, and how to stave it off or survive it. Named after the legendary character "Crazy Eddie" in Larry Niven and Jerry Pournelle's "The Mote in God's Eye." Expect news and views about culture, politics, economics, technology, and science fiction.
Tuesday, February 18, 2025
SciShow explains 'How To Solve Game Theory's Unsolvable Problem,' the Tragedy of the Commons
I write a lot about Commoner's Laws, which I use extensively in my environmental science course. There is another concept that is central to environmental science, the Tragedy of the Commons, that I've only mentioned twice before on this blog (although the second is a false positive, as it's an episode title). That's because I find it a bit too much of a bummer. Fortunately, it isn't inevitable. SciShow explains why in How To Solve Game Theory's Unsolvable Problem.
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