Solutions to a prisoner's dilemma are typically assumed to involve "coordination" in some sense. But what kinds of mechanism are appropriate examples for coordination? For an N-person prisoner's dilemma, one form of coordination is implementing voting. Say, everyone is forced to cooperate when the majority votes "cooperate". Nobody has a selfish interest to cooperate, but everyone has a selfish interest to vote for "cooperate".
This is interesting because economists often see voting as irrational for decision theoretic reasons. But from the game theoretic perspective above, it appears to be rational. This is probably not a new insight, but I haven't seen voting being portrayed as a type of solution to N-person prisoner's dilemmas.
"coordination" is a very unspecific term, and one concrete form of coordination is being able to vote for cooperation
Ah. I'd say that "voting" is pretty non-specific as well. It's the enforcement mechanisms that bind behaviors after the votes are counted that are actually the coordination mechanisms. Voting is the easy, un-impactful part, enforcing (socially as well as legally/violently) the result is impactful.
Voting is well-known and OFTEN used as a mechanism for determining the most agreeable (or least likely to result in riots) result. &nbs... (read more)