Game theory and economics in the news
May 4, 2005 | The Economist, The tragedy of the commons, contd
A cause for the world's diminshing supply of fish "is the age-old 'tragedy of the commons', whereby anyone with access to a shared valuable resource has an interest in over-exploiting it, and it is in nobody's interest alone to maintain it."
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April 30, 2005 | New Scientist, Voters empowered by internet swap shop
Online vote swapping sites in the US and UK allow people to trade their votes for those in districts where they can have more impact. (by Celeste Biever)
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October 15, 2004 | Wall Street Journal, Vengeance is mine, sayeth the Lord -- But scientists differ [pdf]
What happens when people play public contribution games during a brain scan? We discover that people like punishing defectors even at a cost to themselves.
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April 8, 2004 | Fox News, Private investment protects environment where government fails
Environmental protection suffers from the tragedy of the commons where public lands suffer due to a lack of property rights.
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April 1, 2004 | Mercury News, Wages are key to offshoring
Argues that outsourcing of American jobs is a tragedy of the commons in which each company raises its profits but leads to less purchasing power at home.
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March 22, 2004 | The New Yorker, Times regained
New York City development suffers from a tragedy of the commons in which no one has incentive to invest in the quirky, but the City benefits from the weird.
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October 17, 2003 | LinuxWorld, The powerful economic underpinnings of OSS
Argues that open source software does not cause a tragedy of the commons but in fact turns the tragedy "into a Tragedy into a Cornucopia."
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September 23, 2003 | KESO News Channel, Man behind recall urges Schwarzenegger or McClintock to drop out
Worried that the two republican frontrunners will split the vote, Congressman Issa issues a threat to oppose both.
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September 23, 2003 | New York Post, Why Clark will fade
Argues that the Clintons wish to change the game for personal gain, propping up weak candidates to prolong confusion.
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September 7, 2003 | New Haven Register, SCSU student tackles the U.S. electoral system
Analyzes the power of each voter under varying presidential election rules.
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July 27, 2003 | New York Times, How to vote? Let us count the ways
Describes alternative voting systems and metions Arrow's Impossibility Theorem (by Michael Cooper)
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July 11, 2003 | San Francisco Chronicle, Republicans agree, in theory, to unite on one candidate
California republicans face a tragedy of the commons as more candidates entering against Governor Davis implies a smaller chance of any Republican winning.
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June 24, 2003 | New York Times, A mathematician crunches the Supreme Court's numbers
Do Supreme Court members vote independently or are there clear and repeating patterns?
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May 19, 2003 | Gotham Gazette, Fighting over outdoor space
A modern-day tragedy of the commons as dogs, bicycles, cafes, and others compete for New York's limited sidewalks.
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March 13, 2003 | Economist, Pro bono publico
Reports on initial simulations of the evolution of cooperative societies, overcoming the incentive to free ride.
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February 7, 2003 | BBC News, The maths of Lords reform
Models of strategic voting inform how different procedures in Britain's legislature may lead to distinct outcomes.
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January 8, 2003 | Tech Central Station, The cyberspace commons?
Since many Web resources are public, the tragedy of the commons occurs, diminishing their usefulness.
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December 19, 2002 | The Economist, Nomadism in Mongolia
Collective herding in Mongolia suffers the tragedy of the commons as some leaders call for privatization.
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November 2, 2002 | Science News, Election Selection: Are we using the worst voting procedure?
Discusses different voting systems and how the outcomes depend greatly on the specific rules employed.
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October 31, 2002 | Government Computer News, U.S. should fund R&D for secure Internet protocols
Since security is a public good, developing secure protocols is a tragedy of the commons. (by William Jackson)
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October 31, 2002 | The Economist, Setting the trap
Applauds U.S.-style antitrust laws that provide immunity to cartel members who come forward as a "clever use of game theory" creating a race to cooperate.
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October 24, 2002 | The Independent, Fishing industry falls victim to the tragedy of the commons
Global overfishing and a dwindling supply of fish the result of a tragedy of the commons.
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October 1, 2002 | Dr. Dobb's Journal, The science of complexity
Provides algorithms for modeling complexity: boundedly rational agents playing repeated congestion games
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June 12, 2002 | Nature, We're doomed to dither
Describes simulations of the minority game, a congestion game in which one prefers not to be part of the crowd.
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March 16, 2002 | ABC News, FTC Files Drug Co. Complaint
Generic drug makes paid not to produce generics in cooperation among pharmaceutical manufacturers.
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January 23, 2002 | HealthScoutNews, Study Reinforces Power of the Golden Rule
The tragedy of the commons may be resolved through indirect reciprocity.
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January 10, 2002 | Nature, Homo Reciprocans
Human altruistic tendencies result in punishing free-riders, potentially resolving the tragedy of the commons. (by Samuel Bowles and Herbert Gintis)
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November 5, 2001 | New York Magazine, The domino theory
Mayoral race in New York includes cascades, strategic voting, and games of chicken
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October 10, 2001 | Nature, Machiavellian tactics modelled
Strategic voting suggests that we may want to vote for our enemies to improve our situation.
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September 10, 2001 | Forbes, The tragedy of the commons
Discusses web-based business plans in light of the tragedy of the commons and the need to privatize Web resources.
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August 2, 2001 | STATpub.com, Researcher proposes North American wheat board
Attempts at collusion present free-riding concerns
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June 26, 2001 | Sierra Times, The Tragedy of the Commons
Argues that public ownership of forests leads to a tragedy of the commons.
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May 3, 2001 | The Economist, The line of least resistance
Antibiotic resistance presents a tragedy of the commons.
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April 6, 2001 | Nature, A lighter shade of egg
Laying a final pale egg deters free riding "egg dumpers" by signaling that incubation has begun.
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January 28, 2001 | Traffick, Market forces may solve search engines' "tragedy of the commons"
Submission charges may improve search results, diminishing the tragedy of the commons
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November 1, 2000 | Discover, May the best man lose
Examines alternate voting systems such as the Borda count and notes that John McCain's chances would have been better without a plurality system.
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October 31, 2000 | Wired, Vote trade: the democratic way?
Nader and Gore supporters demonstrate strategic voting by swapping votes.
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September 1, 2000 | Campaign for America, The billionaire's buyout plan
Warren Buffett proposes to change the rules of the campaign finance strategic voting game
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August 27, 2000 | New York Times, A tale of two fisheries
Fisheries in Rhode Island suffer from the tragedy of the commons
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August 23, 1999 | New York Times, Multimedia Transmissions Drive Net Toward Gridlock
Lack of Internet pricing schemes leads to a tragedy of the commons and high congestion.
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November 18, 1996 | Wall Street Journal, Even a losing bid can pay off
Examines strategic moves that result in other participants paying you to play the game.
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October 1, 1995 | Libertarian Party News, Proportional voting system would benefit the LP
Examines alternatives to the electoral college and the strategic voting implications of each.
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September 1, 1993 | Atlantic Monthly, Can selfishness save the environment?
The Greenhouse Effect results from a tragedy of the commons which can be overcome with tit-for-tat strategies.
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April 1, 1983 | The Freeman, Free riders face a rocky road
Argues that even though employees free ride on union power by receiving benefits without being members, this is a valid check on union power.
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1968 | Science, The Tragedy of the Commons
The cornerstone article popularizing the notion of tragedy of the commons.
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