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Showing posts from January, 2011

Free Rider Problem: Game Theory for Noobs

The Free Rider problem is similar to the Tragedy of the Commons in that a common resource is shared. It's a game theory problem slightly in reverse, as with the Tragedy of the Commons, everyone kept exploiting a commonly held resource until it was spent. With the Free Rider problem, a resource is paid for by an entire community, but a few individuals do not contribute their required share. The free riders thus gain from the communal resource without contributing to the communal resource.

A few Free Rider examples
Chickens are kept on enclosed pastures, or free range. However, chickens do not contribute to the labour performed. According to Karl Marx's labour theory of value, chickens that do not contribute to labour are not a commodity that creates value. In the Marxist sense, labour is the only commodity with value that adds value. Chickens are thus not only free rangers, but also free riders.
Military protection and indeed any social security benefits are rarely used by those w…

Defining race and ethnicity in South Africa, part 2

This is part 2 of a 2 part series. You may find the full series here:
Defining race and ethnicity in South Africa.
Defining race and ethnicity in South Africa, part 2.

Since my previous post, Defining race and ethnicity in South Africa, there's been a bull in the China shop. You can tell by the large amount of bull shit that has since gathered. Please consult the comment section of that post to get a firm idea of how we got here. This is a reply from Sentletse, who claims that We are not all Africans black people are!, to my post. I'll quote from him in bold and give my comments in plain text.

Neanderthals existed in Europe. If you say Homo Sapiens drove them to extinction, then you agree with me that it was Homo Sapiens that migrated from Africa, not Homo Sapiens Sapiens. Therefore the Out-Of-Africa theory is rendered invalid as it is premised on the view that it was Homo Sapiens Sapiens who migrated.

I'll see your multiregional model of the origin of modern humans and I'l…