I’ve read Inadequate Equilibria, but that’s exactly the thing, this specific example doesn’t really convey that sort of situation. At the very least, some social interaction as well as the path to the pathological equilibrium are crucial to it. By stripping down all of that, the 99 C example makes no sense. They’re an integral part of why such things happen.
I’ve read Inadequate Equilibria, but that’s exactly the thing, this specific example doesn’t really convey that sort of situation. At the very least, some social interaction as well as the path to the pathological equilibrium are crucial to it. By stripping down all of that, the 99 C example makes no sense. They’re an integral part of why such things happen.