Game Theory cover image

Perverse Incentives, Unintended Consequences, and How You Make Policy: The Cobra Effect, Horseshoe Theory, & Barbera Streisand

Game Theory

00:00

The Complexity of Policy Making

Game theory can help people wade through an incredibly complex web of individual interests, group interests, different incentives and possible unintended consequences. It's so helpful because you can predict what people should do if they didn't have any moral implications at all. For example, Chris, one unintended consequence of British colonialization and alcoholism is now a bunch of people that look like me pretend that IPAs are good. And it really does underscore how critical it is to have meaningful, thoughtful discussion about complex issues free from biases.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app