Game Theory – Prison Breakthrough

Re:Game Theory – Prison Breakthrough by j2kun on Friday August 19, 2016 @01:17PM (#12321629)

Your argument doesn't seem to apply to something like climate change. Of course it already pays off to be honest and reduce emissions, but there is a conflict between short-term profits and long-term goals. Unlike Torrent, in which a small number of good actors are sufficient for the health of the system, with climate change you need _most_ actors to be honest. Same goes for nuclear weapons.

I have yet to read or hear a convincing argument that decentralization is an effective solution to the climate change problem (and I work at a bitcoin company!). I'm open ears, though :)

[ Parent | on HN ]

Re:Game Theory – Prison Breakthrough by stale2002 on Friday August 19, 2016 @02:43PM (#12322395)

It does NOT pay off to reduce emissions, in the short term or the long term.

A single factory will not suffer the consequences of global warming, and has an incentive to produce as many bad emmisions as possible, and make OTHER people pay for the consequences.

That's why it is a prisoners dilemma.

[ Parent | on HN ]

Re:Game Theory – Prison Breakthrough by j2kun on Friday August 19, 2016 @03:09PM (#12322664)

It pays off in a less tangible sense, that the people who run the factory will have a successful line of children.

> That's why it is a prisoners dilemma.

I disagree. In the prisoner's dilemma the prisoner chooses to defect despite it ultimately and predictably having a negative effect on himself personally.

[ Parent | on HN ]