Why Excess Regulation?
Source ↗
👁 0
💬 0
Our world consists of many coupled evolving systems, including systems of competing species, nations, political parties, firms, cultures, charities, and even academics. These systems vary in many ways, but a key difference is in their adaption power - how fast can each one search to find and adopt more adaptive alternatives.If the strength of influence between such systems were symmetric, then systems with stronger adaption power would tend to tame and drive the weaker ones. This would promote o
Comments (0)