I am skeptical about the insights from game theory.  Do you really need game
theory to understand the story of the prisoner's dilemma?

[EMAIL PROTECTED] wrote:

> I believe Michael Ellman, in his book on Socialist Planning some
> twenty or more years ago, actually started off the book with the
> classical prisoners' dilemma, using it to show how it generated the
> _worst_ outcome.

--
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]

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