[OPE-L:3066] Game theory and political economy

Gerald Lev (glevy@pratt.edu)
Fri, 20 Sep 1996 17:19:53 -0700 (PDT)

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Allin wrote in [OPE-L:3048]:

> [...] couldn't one say that the unit of selection is the
> "business strategy" -- a particular example of what Dawkins calls
> "memes". That is, some strategies (including particular time-horizons
> for calculation, particular preferred measures of profitability, etc)
> tend to undergo expanded reproduction at the expense of others, in
> the sense that the fraction of the total social capital under the
> guidance of strategy X grows while the fraction under the control
> of some alternative Y shrinks. But this may differ across
> national capitalisms (to some degree) and may be in part
> dependent on the nature of the financial system -- i.e., what
> sort of capitalist behaviours and modes of calcualtion are
> rewarded/punished by the suppliers of financial capital?

Couldn't the above problem be dealt with in a game-theoretic context?

In OPE-L Solidarity,

Jerry