CronoDAS comments on My God! It's full of Nash equilibria! - Less Wrong

13 Post author: Cyan 16 August 2009 07:59PM

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Comment author: byrneseyeview 16 August 2009 11:15:20PM 0 points [-]

"Malthusian" is not the simplest explanation. What about Marshallian? It looks like most of these behaviors involve doing something until marginal costs reach marginal benefits. His model involves doing things because they can't be as good as possible without having negative side effects. While this gets you the right result in some cases, it means he needs a separate model for explaining positive externalities ("Why do my neighbors clean their lawns, even though they get a fraction of the total benefit of living in a neighborhood with clean lawns?")

Comment author: CronoDAS 17 August 2009 11:28:12PM 2 points [-]

When you don't mow your lawn, the neighbors get really upset and start calling the local board of health. I learned this the hard way.