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The Prisoner's Dilemma

Zero-Sum and Positive-Sum: Two Very Different Games

July 25, 2026·9 min read

Two children share one cake and one child's gain is the other's loss. Two neighbours swap mangoes for apples and both end up better off, with no new fruit. Telling these apart changes what you should do.

The Principal-Agent Problem: Your Agent Earns ₹2,000 From Your ₹5,00,000

July 25, 2026·9 min read

Holding out two weeks for a better house price is worth a fortune to you and pocket change to your agent. No dishonesty required — just a small gap between what you want and what they're paid for.

The Tragedy of the Commons: When Restraint Is Punished

July 24, 2026·10 min read

Every herder who adds a cow to the shared pasture captures the whole benefit and pays a twentieth of the cost. Nobody is greedy, everyone is correct, and the pasture dies anyway.

The Red Queen Hypothesis: Running Hard to Stay Exactly Where You Are

July 24, 2026·9 min read

Species that have survived for ten million years go extinct at about the same rate as new ones. That surprising fact explains why your improvements so often buy you nothing.

The Prisoner's Dilemma: When Two Rational People Both Lose

July 24, 2026·10 min read

Betraying your partner is the correct choice no matter what they do. So both of you betray, and both of you serve five years instead of one. No error was made — and that is exactly the problem.

Nash Equilibrium: Why Everyone Stays Somewhere Nobody Likes

July 24, 2026·9 min read

Two petrol stations cut prices until neither can move without losing. Nobody wanted the result, everyone behaved sensibly, and it held anyway — because stable and good are different properties.

The Thucydides Trap: When Rising and Established Powers Meet

July 24, 2026·8 min read

A rising power wants influence matching its strength; an established one sees each concession as erosion. Both are sincere, neither needs to want conflict, and the pressure builds anyway.