This is why I have much lower expectations for individual rationality than group rationality. Sometimes, strong individual rationality in a low rationality population can’t really do better than implementing solutions like defecting in a tragedy of the commons that a more rational group could have avoided in the first place.
This is why I have much lower expectations for individual rationality than group rationality. Sometimes, strong individual rationality in a low rationality population can’t really do better than implementing solutions like defecting in a tragedy of the commons that a more rational group could have avoided in the first place.