The problem is the interdependence of decisions: the jointly preferred outcome arises when each chooses its individually worse strategy. p. 13 [on the prisioner's dilemma and the need to think "jointly" and sum forces]
-Avinash Dixit and Barry Nalebuff
Select a background
More quotes by Avinash Dixit and Barry Nalebuff
Popular Authors
A curated listing of popular authors.