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.

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.

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