Correlated Equilibria in Game Theory - I learned some interesting things here: • Erica Klarreich, In game theory, no clear path to equilibrium, Quanta, 18 July 2017. Economists like the concept ...
1 day ago
Oh, the bitter pain and sorrow
That a time could ever be,
When I proudly said to Jesus,
“All of self, and none of Thee.”
Yet He found me; I beheld Him
Bleeding on th’ accursed tree,
And my wistful heart said faintly,
“Some of self, and some of Thee.”
Day by day His tender mercy,
Healing, helping, full and free,
Brought me lower while I whispered,
“Less of self, and more of Thee.”
Higher than the highest heaven,
Deeper than the deepest sea,
Lord, Thy love at last has conquered:
“None of self, and all of Thee.”
individual action does not work. It distracts us from the need for collective action, and it doesn’t add up to enough. Self-interest, not self-sacrifice, is what induces noticeable change. Only the right economic policies will enable us as individuals to be guided by self-interest and still do the right thing for the planet.
Two men are arrested, but the police do not possess enough information for a conviction. Following the separation of the two men, the police offer both a similar deal—if one testifies against his partner (defects/betrays), and the other remains silent (cooperates/assists), the betrayer goes free and the one that remains silent receives the full one-year sentence. If both remain silent, both are sentenced to only one month in jail for a minor charge. If each 'rats out' the other, each receives a three-month sentence. Each prisoner must choose either to betray or remain silent; the decision of each is kept quiet. What should they do?
|Freeman Dyson. Source: Wikimedia Commons|
So what is Points of Inflection about, anyhow? It started out with my involvement in the GreenFaith program. I wanted to think in a num...