Coordination Problems Quotes

Quotes tagged as "coordination-problems" Showing 1-1 of 1
Ken Binmore
“A fair social contract is then taken to be an equilibrium in the game of life that calls for the use of strategies which, if used in the game of morals, would never leave a player with an incentive to exercise his right of appeal to the device of the original position. So a fair social contract is an equilibrium in the game of morals, but it must never be forgotten that it is also an equilibrium in the game of life; otherwise evolution will sweep it away. Indeed, the game of morals is nothing more than a coordination device for selecting one of the equilibria in the game of life.”
Ken Binmore, Natural Justice