Sean Carroll's Mindscape: Science, Society, Philosophy, Culture, Arts, and Ideas
293 | Doyne Farmer on Chaos, Crashes, and Economic Complexity
Doyne Farmer
which in a standard economic model means supply equals demand. But sometimes you're in a strategic setting where it means you're doing something like game theory, where it's a strategic equilibrium, meaning we've all arrived at strategies that make decisions that are as good as we can do, given that everybody else is not changing what they're doing. And everybody does that.
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