The Cost of Cooperating

Rand spoke at the LSE about cooperation recently. http://www.lse.ac.uk/website-archive/newsAndMedia/videoAndAu...

"Strategic cooperation is extremely important; it explains a lot of real-world cooperation. From an institution design perspective, it's important for people to be thinking about how you set up the rules of interaction—interaction structures and incentive structures—in a way that makes working for the greater good a good strategy."