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Institutions And Trust In Commons: Dealing With Social Dilemmas – Countercurrents
From a game-theoretic point of view, commons represent both a chance and a problem. Game-theory is a mathematical tool that allows us to analyze decision-making in situations with social interdependencies such as sports, where a team has to decide either to play defensively or offensively in a match against another team, or economic situations, where companies have to decide whether[Read More...]