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#37 – Gillian Hadfield on Regulatory Markets, Silly Rules, and why Humans Invented Law

Hear This Idea

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Do You Have a Silly Rule Condition?

In the final treatment, in our experiments, is the computational experiment we're running. We have forty five populations of groups that are running through this game in different conditions. And then we look at and we compare across these different communities. You don't want no rule s which, as i said, they never learn to avoid the poisonous berry. Soou you kind of get this, you get more stable, faster, stable social order with the silly rule. Does this just mean that having more cilly rules is always better? Or how should we think about collective returns?

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