a lesson from game theory the coronavirus contrarians ignore
- Written by Richard Holden, Professor of Economics, UNSW
ShutterstockIt has been said we are “at war” with the COVID-19 coronavirus. I’m not drawn to martial metaphors, but that’s not wrong.
Another way to put it is that we, as a society, are in a strategic interaction with the virus.
The right analytic tools to study strategic interactions come from the field of game theory....
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