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Michalelis Menten 1 Nash equilibrium 1 arms race 1 avoided exploitation 1 breeding 1 brute force 1 civilization 1 consumptive exploitation 1 cooperation 1 cost 1 cost efficient exploitation 1 costing exploitation 1 culture 1 education 1 emotions 1 enzyme kinetics 1 farming 1 fear 1 fix cost 1 forced exploitation 1 forced mutualism 1 gain 1 honesty 1 hope 1 invade 1 leafcutter ants 1 loss 1 mass and energy conservation 1 mutation 1 predator 1 prey 1 prisoners´ dilemma 1 production function 1 productive exploitation 1 productivity 1 reward 1 saturation curve 1 self sustaining 1 signaling 1 stability 1
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Friedrich, T. 1
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Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München 1
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Wise exploitation – a game with a higher productivity than cooperation – transforms biological productivity into economic productivity.
Friedrich, T. - Volkswirtschaftliche Fakultät, … - 2009
I suggest a new game called wise exploitation. It is characterized by a small investment of the exploiting party to either breed the exploited party or educate the exploited party not to detect exploitation. Thereby a higher productivity than cooperation or prisoners´ dilemma is achieved. The...
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