Aunifying game theory model describing the feedbacks that occur between strategic decision making and environmental change captured dynamics that occur in fisheries, in human social interactions, in soil-microbe interactions, and much more. Credit: Erol Akçay
In a heavily polluted environment, does it make more sense for a company to keep polluting or start cleaning up its act? If it chooses to employ cleaner technologies and the environment becomes healthier, does the same calculus apply?
These feedbacks between decision strategy and the environment come up in fields as diverse as fisheries, economics, and human social interactions. Game theorists have explored these so-called feedbacks using individual models to apply to particular scenarios. But in a new publication in Nature Communications, researchers from Penn’s School of Arts and Sciences present a unifying model…
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