Weekly Problem No.10. The Repeated Prisoner’s Dilemma

The Prisoner’s Dilemma, first formulated by Merrill Flood and Melvin Dresher in 1950 and later formalized by Albert W. Tucker, represents one of game theory’s most profound insights into human behavior and strategic decision-making. The classic scenario unfolds as follows:

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Poem: Two women

Two WomenOnce there were two women, clever and young,Bound by a friendship where laughter was sung.One had a gift for numbers, sharp and wise,The other surpassed her, with stars in her eyes. Two women, both radiant like ice and fire,One’s

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This is why most people are wrong about almost anything

The case of minimum wage laws serves as a poignant illustration of the perils of inductive reasoning. Hayek’s predictions, though grounded in economic theory and empirical observations, failed to account for the multifaceted dynamics shaping labor markets. By extrapolating from limited data and theoretical abstractions, Hayek fell victim to the inherent biases and oversights characteristic of inductive reasoning.

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We don’t have the humility to face global warming

Often in our modern political discussions regarding economy and ecology, we see these two dimensions as somehow conflicting. Economic progress is often associated with an exploitation of natural resources on earth.

The professor for philosophy at the University Gustav Eiffel, Corine Pelluchon argues in an Essay called “Ecology as new Enlightenment” that was published in the Global solutions Journal, 2021 that our perception of the environment, the so-called eco-phenomenology lays a new foundation for a social contract. She says:

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Conservatives’ sad attempt to manipulate women

Title: Conservatives’ sad attempt to manipulate women

Description: In this article, we take a closer look at the conservative argument against feminism, which suggests that women are taught to prioritize their careers over motherhood and marriage. The author argues that the real issue lies in the economic structure that doesn’t support family-friendly policies, and most conservatives are against such changes. The article highlights the undervaluing of women in families and how they are often seen as servants. A must-read for anyone interested in the ongoing debate around gender roles and the family unit.

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