Game Theory in Action Essay

1674 Words 7 Pages
Comparative politics is the study of institutions, policy making and most importantly, how to achieve an individual’s most desired outcome. Being able to accomplish a desired outcome is an important skill at an individual level as well as a governmental one. How you go about attaining these goals is equally an important process. Rational thought, tragedy of the commons, stationary bandit, manipulation, tragedy of the commons, and many other methods can be employed to reach ones preferred goal. A driving force behind decision making is rational thought. Rational thought is the belief that people will act in their own best interest to get the outcome that they most desire. Sometimes rational thought can lead to societal trouble …show more content…
However, it becomes an issue when other parents begin to do the same thing. If no parent has their child vaccinated then, though no one would be subjected to the risks that go along with it, no one would be protected from the diseases they prevent. Society would be worse off if no one received vaccinations. Then the problem becomes getting people to do something that is not their preference. When people need to do something for the greater good, but do not want to because it goes against their personal preferences, it may become necessary to get a third party involved to make sure everyone cooperates. This third party is known as a stationary bandit. This theory suggests that since people will act in their own best interest, it is sometimes necessary to employ a third party to make sure everyone is doing what is best for the group. This can be seen in the Economist article “An offer you can’t refuse”. In the article it is observed that cowbirds will generally lay their eggs in the nests of warblers so that the warblers can do the hard work of raising their young. What some people found hard to explain was why the warblers would raise chicks that are not their own. After some experimentation it was found that nests that had cowbird eggs or chicks in them were far more unlikely to get attacked compared to ones who didn’t have cowbird eggs in them. (“An offer you can’t refuse”) This example fits perfectly with the theory of the stationary

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