While Dinosaur Comics tends to touch on relevant political and philosophical issues, this intersection between game theory and experimental economics was worth reposting:
It also gave me the opportunity to drop a line to Ryan North and recommend the Heller and Sieberg article on the FU Factor.
So exactly how many basic concepts of philosophy and social science must be revised? So much of what people accept as fact is based on the premise that people are out to maximize their utility, but a lot of studies in human behavior offer a lot of instances where we don’t act rationally.