Game theory and the Golden Rule
There’s a nice game theory cartoon over at Saturday Morning Breakfast Cereal
The cartoon is very well done, though I must address a common misunderstanding.
The Golden Rule is not opposed but rather entirely compatible with game theory. In fact, the golden rule emerges naturally as a strong strategy in the repeated Prisoner’s Dilemma, called by economists as the “Tit-for-Tat” strategy.
It is no surprise that the golden rule has analogs in many world cultures.
