Logo
Unionpedia
Communication
Get it on Google Play
New! Download Unionpedia on your Android™ device!
Download
Faster access than browser!
 

Tragedy of the commons and Unscrupulous diner's dilemma

Shortcuts: Differences, Similarities, Jaccard Similarity Coefficient, References.

Difference between Tragedy of the commons and Unscrupulous diner's dilemma

Tragedy of the commons vs. Unscrupulous diner's dilemma

The tragedy of the commons is a term used in social science to describe a situation in a shared-resource system where individual users acting independently according to their own self-interest behave contrary to the common good of all users by depleting or spoiling that resource through their collective action. In game theory, the unscrupulous diner's dilemma (or just diner's dilemma) is an ''n''-player prisoner's dilemma.

Similarities between Tragedy of the commons and Unscrupulous diner's dilemma

Tragedy of the commons and Unscrupulous diner's dilemma have 4 things in common (in Unionpedia): Free-rider problem, Game theory, Nash equilibrium, Prisoner's dilemma.

Free-rider problem

In economics, the free-rider problem occurs when those who benefit from resources, public goods, or services do not pay for them, which results in an underprovision of those goods or services.

Free-rider problem and Tragedy of the commons · Free-rider problem and Unscrupulous diner's dilemma · See more »

Game theory

Game theory is "the study of mathematical models of conflict and cooperation between intelligent rational decision-makers".

Game theory and Tragedy of the commons · Game theory and Unscrupulous diner's dilemma · See more »

Nash equilibrium

In game theory, the Nash equilibrium, named after American mathematician John Forbes Nash Jr., is a solution concept of a non-cooperative game involving two or more players in which each player is assumed to know the equilibrium strategies of the other players, and no player has anything to gain by changing only their own strategy.

Nash equilibrium and Tragedy of the commons · Nash equilibrium and Unscrupulous diner's dilemma · See more »

Prisoner's dilemma

The prisoner's dilemma is a standard example of a game analyzed in game theory that shows why two completely rational individuals might not cooperate, even if it appears that it is in their best interests to do so.

Prisoner's dilemma and Tragedy of the commons · Prisoner's dilemma and Unscrupulous diner's dilemma · See more »

The list above answers the following questions

Tragedy of the commons and Unscrupulous diner's dilemma Comparison

Tragedy of the commons has 166 relations, while Unscrupulous diner's dilemma has 11. As they have in common 4, the Jaccard index is 2.26% = 4 / (166 + 11).

References

This article shows the relationship between Tragedy of the commons and Unscrupulous diner's dilemma. To access each article from which the information was extracted, please visit:

Hey! We are on Facebook now! »