Hot answers tagged game-theory
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Bystander Effect
The Bystander Effect could be your answer. The more people, the less personal responsibility.
Person gets assaulted and mugged on a crowded street in broad daylight, nobody calls the cops.
Software bugs slow company productivity almost to a halt, many employees, nobody reports the problem.
Tragedy of the Commons
The tragedy of the ...
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If you're looking for a simple game, for example to teach the holdout problem to students just beginning game theory, you could do worse than start with a general prisoner's dilemma (PD) game. The 30-second explanation is that it only makes (rational) sense for one player to act if the other person is acting as well.
The holdout problem is a motivation for ...
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