tag:blogger.com,1999:blog-4748060798655400108.post8657855013509629882..comments2023-11-02T08:55:35.510-07:00Comments on Market Design: Microstructure of Macro BehaviorAl Rothhttp://www.blogger.com/profile/02232854038397912604noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-4748060798655400108.post-50033102908438839872009-03-07T11:45:00.000-08:002009-03-07T11:45:00.000-08:00One of my major disappointments with most social c...One of my major disappointments with most social commentators who use game theory is that they don't reading Schelling simple and easy extension of 2 person dilemma games to n person dilemma games.<BR/><BR/>Schelling's technique can be used to extend any relatively interesting 2 person non zero sum game to a n person equivalent.<BR/><BR/>One neat result for the dilemma game is the observation that for any group that manages to coordinate, there is always a sub group for which it is rational to free-ride, and yet somehow that free-riding doesn't completely unglue the larger group's coordination.michael websterhttps://www.blogger.com/profile/08709023254632080905noreply@blogger.com