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Kakonomics, or the strange preference for Low-quality outcomes (edge.org)
2 points by opminion on Sept 26, 2013 | hide | past | favorite | 1 comment


The interesting bit is at the end:

the threat to good collective outcomes doesn't come only from free riders and predators, as mainstream social sciences teach us, but also from well-organized norms of Kakonomics that regulate exchanges for the worse




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