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164 | Herbert Gintis on Game Theory, Evolution, and Social Rationality
Sean Carroll's Mindscape: Science, Society, Philosophy, Culture, Arts, and Ideas
A Game of Retribution and Retaliation
An example of how humans are not self interested. In particular, they like to hurt people who hurt them. What do economists say about this game? What is their prediction? Ah, it was, by the way, economist would say one dollar,. But everybody knows now that this ive been done hundreds of times so everybody knows that there's a concept of fairness. And that's what's going on. There's another game. It's called an honesty game. They're two players, again and b, and they can't see each other. As long as the splitting of the money is not too uneven, a player a will tell the truth. If it's very uneven, then
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