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Tragedy of the Commons - Moar GT!

Tragedy of the commons is a common macroeconomic and/or environmental game. One example is how much grass a cow can eat in a community. There are limited units of grass and the cows want to eat. It is beneficial for you, as a cow, to eat as much as you can. But if too many cows eat too fast, the grass cannot replenish and everybody dies.

Question: Where is the Nash Equilibrium? Question: Do animals (except humans) study game theory? I know some animals have altruistic behaviors acquired evolutionary, but can somebody provide extra examples of strategic decisions? List as many examples as you can.

Note by Spock Weakhypercharge
2 years, 11 months ago

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Ants storing food? Bo Yang · 2 years, 11 months ago

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@Bo Yang indeed, ants storing food Spock Weakhypercharge · 2 years, 10 months ago

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