Surely, there is a clever mechanism that can fix this issue? So I went to the Wikipedia page of the Free-rider Problem and scrolled to the bottom, and lo and behold it was just sitting there: Dominant Assurance Contracts.
I feel like every assurance-contract proponent went through a moment like this. It’s like “Don’t Look Up” except wrt a civilization-scale solution. I’m tempted to think some people ‘just don’t get it’ because they’re missing gears-level models re coordination problems in the first place, but that would be hasty.
I feel like every assurance-contract proponent went through a moment like this. It’s like “Don’t Look Up” except wrt a civilization-scale solution. I’m tempted to think some people ‘just don’t get it’ because they’re missing gears-level models re coordination problems in the first place, but that would be hasty.