Accidents caused by defective products can be both shocking and overwhelming. Many people assume that if a product is sold on the market, it must be safe to ...
Grid defection occurs when it's cheaper for consumers to produce their own power than to buy it from the grid. For example, if a consumer faces high monthly utility fees regardless of their actual ...
THAT’S RIGHT PATRICK WHEN THEY WERE FIRST INSTALLED OVER A YEAR AGO. THEY WERE A NORMAL WHITE COLOR. NOW AS YOU CAN SEE HEER BEHIND ME. THEY’VE CHANGED TO A PURPLE BLUE COLOR. IF YOU’RE DRIVING INTO ...
As T – P (the denominator) becomes smaller, defection reduces greed in either game, the index becomes larger, and cooperation more attractive. As P – S becomes smaller, there is less fear of others’ ...
Many social interactions involving conflicts of interest can be modeled as simple two-person games where each person, or player, chooses between a prosocial, or cooperating, strategy, and an ...