Posts Tagged ‘Lunn’
honesty
So when people play a game like the Prisoner’s Dilemma, what do they actually do? According to Peter Lunn in Basic Instincts, about half “co-operate” He mentions how honesty boxes work on a similar principle (see BBC article). Is this a kind of “superationality” at work? – that we know that we’ll get more out [...]
Filed under: paradox, psychology | Leave a Comment
Tags: anthropology, choice, dilemma, honesty, logic, Lunn, mind, morals, paradox, prisoner, psychology, zemblanity
basic instincts
It’s all clear now. I’m reading the Peter Lunn’s Basic Instincts, a book which according to the Guardian, gives rational economic man the kicking he deserves”. Lunn takes it all much further back than The Trap and the Prisoner’s Dilemma. He takes it back to Adam Smith. Smith’s insight was that trade between a selfish [...]
Filed under: psychology | Leave a Comment
Tags: economics, history, Lunn, psychology, Smith
actual behaviour
Yes, it doesn’t correlate with human beings’ actual behaviour. Behavioral economics, the branch of economics that looks at people’s actual economic behaviour, has a well-known example that has basically the same structure as the prisoner’s dilemma. It’s called a public goods game. Both players get €10. They can keep it, or put it into a [...]
Filed under: mind, paradox, psychology | Leave a Comment
Tags: anthropology, choice, dilemma, logic, Lunn, morals, psychology, zemblanity
