The Price of Anarchy
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The Price of Anarchy
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Re: The Price of Anarchy
#2Re: The Price of Anarchy
#3That's a wishful thinking. Central authority can and usually is selfish and corrupted but the impact of it is much bigger.
So we can call this piece of math a science but voting for centralized systems based on that is super naive.
Re: The Price of Anarchy
#4>a system degrades due to selfish behavior of its agents
To my point of view, most game theory is just capitalistic ideology disguised in mathematical models.
Re: The Price of Anarchy
#5That has the most math notation of anything I've seen written about anarchy in some time!
Societies and their moral systems (there's little difference) don't come out of nowhere.
Sentiments like "game theory is just capitalistic ideology" make me sad. Math, like all sciences, is true whether you accept it or not.
Re: The Price of Anarchy
#6That a system will become more efficient if actors are let to do things for their own sake, and that actors are smart enough to calculate the negative impact of short term selfish action (that is, actors can help out now, with an exception of a positive roi)
Re: The Price of Anarchy
#7Re: The Price of Anarchy
#8Already in the first line it claims that anarchy is a system wherein >a system degrades due to selfish behavior of its agents To my point of view, most game theory is just capitalistic ideology disguised in mathematical models.
Re: The Price of Anarchy
#9but, saying this, a concept that discovers the loss in a system where each actor is purely self-interested is useful and interesting.
Re: The Price of Anarchy
#10That has the most math notation of anything I've seen written about anarchy in some time!
Math is important. It tells us the shape of the possible. Game theory tells us when we're creating an unstable set of incentives. Our intuition for fairness is only a crude approximation of game theory. Societies and their moral systems (there's little difference) don't come out of nowhere. Sentiments like "game theory is just capitalistic ideology" make me sad. Math, like all sciences, is true whether you accept it…