In your explanation of the Chicken Dilemma, you say that "'everyone cooperates' is not a strong Nash equilibrium in strict game theory terms" (or something like that, I apologize if I phrased it differently), and I disagree with that assertion. In games of Stag Hunt, everyone cooperates is the Nash equilibrium. And it is ultimately the ideal state of a social system, but it tends not to be stable in real societies.
Using the concept of Public Goods Games best illustrates how that works: In any given collaboration, actors can find themselves with t... (read more)
Stag hunt has two equilibria and only the good one is strong. Prisoner's dilemma has only 1 bad equilibrium. But here we're talking asymmetrical Snowdrift/Chicken, where both the bad and good equilibria are strong, but, if there's uncertainty about which is which, the best outcome is non-equilibrium mutual cooperation.
In your explanation of the Chicken Dilemma, you say that "'everyone cooperates' is not a strong Nash equilibrium in strict game theory terms" (or something like that, I apologize if I phrased it differently), and I disagree with that assertion. In games of Stag Hunt, everyone cooperates is the Nash equilibrium. And it is ultimately the ideal state of a social system, but it tends not to be stable in real societies.
Using the concept of Public Goods Games best illustrates how that works: In any given collaboration, actors can find themselves with t... (read more)