tragedy of the commons

Amidst the enthusiasm for the investigation into the irregularities of the previous administration, the caretaker government of Stefan Yanev has approved a plan for Bulgaria to join the eurozone. This is a puzzling move, because this plan is largely inherited from the previous government, whose abuses in other areas the current caretaker cabinet appointed by …

Author: Daniel Angelov Game theory is a science that studies human behavior and decision-making in conflict situations with the aim of maximizing profit. Conflict situations are situations in which the outcome of each action of one side depends on the way the opposing side acts. In its original form, the theory was …