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Tag Archives: Prisoner’s Dilemma
Which one should we get?
From today’s NY Times: “The lone American prisoner of war from the Afghan conflict, captured by [the Taliban] nearly five years ago, has been released to American forces in exchange for five Taliban detainees held at [the US military prison in] Guantánamo … Continue reading
The Coase Theorem is an idea in law and economics that states that private bargaining will lead to an optimal allocation of resources when two conditions are met: when property rights are well-defined, and when there are no obstacles to voluntary … Continue reading