The hustler/sucker distinction appears, at first glance, to be an enduring feature of social life. In markets, politics, on social platforms and in everyday interactions, some agents seem consistently able to exploit others who appear persistently vulnerable. Game theory offers a precise diagnosis.

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No Common Knowledge in Sucker Nation

  • Vincent F. Hendricks

摘要

The hustler/sucker distinction appears, at first glance, to be an enduring feature of social life. In markets, politics, on social platforms and in everyday interactions, some agents seem consistently able to exploit others who appear persistently vulnerable. Game theory offers a precise diagnosis.