Evolutionary Game Theory and Anarchy
Let's simply define anarchy as a condition of non-monopoly enforcement of law and security. And given "scarcity" as "a priori" reality(thus, the need for economics), de-centralized enforcers, such as markets, firms, and communities, would arise to replace the centralized monopolized enforcer. Is this a viable and stable form of "government?"
Under Classical Game Theory, it would be viable but not particular stable under an external threat. That is, if we make the Neoclassical assumptions of rational, utility maximizing agents in order to evaluate outcomes in any Game with a defined set of strategies, then it can be shown that cooperation will arise from an iterated prisoner's dilemma game if the agents are sufficiently future-oriented(discount rate of utility payoff is sufficiently low). But if such a "government" came under an external threat (from strangers), then the discounted rate of utility payoff would rise sharply and any cooperation would thusly break down.
Therefore, from neoclassical assumptions, minarchy would seem to be the libertarian requirement(monopoly authority to provide for the common defense, etc).
However, what if advances in evolutionary game theory and neuroeconomics the past decade demonstrate that humans are not Neoclassical, utility maximizing agents. What if "anarchy" could be shown to have Evolutionary Stable strategy(ESS) equilibriums for the "free rider" or "public goods' prisoner-dilemma games, even under external threat?
Now what if a "new left" arose to make the academic arguments against the monopoly power of the state along the lines of the Hungarian born, "anarcho-liberal" economist/philosopher Anthony de Jasay?
What if, "anarcho-liberals" could come up with a calculation, "The Price of Statism"(borrowing from the concept of the "Price of Anarchy" in algorithmic game theory), that would be able to quantify the worst-case ratio, say, between monopoly enforcement of social welfare at a Nash equilibrium and the social welfare at an optimal assignment(or something along such lines).
What would be "The Price of Statism" calculation for, say, Katrina?
Below, Michael Shermer on Reason.tv talks about his new book, the 'Mind of the Market," which deals with advances being made in evolutionary models as applied to economics. However, keep in mind that Shermer would argue for the need of the State to promote and maintain "globalism." From anarcho-liberal or agorist perspective, is "globalism" a powerful enough argument to justify the state?



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