"Nature cannot achieve the first-best outcomes to which those like Kant aspire because the latter are not incentive-compatible. That is to say, they are achievable only if the human beings who live in the society act in a manner that is incompatible with their nature."
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Academics from EnglandPhilosophers from EnglandMathematicians from EnglandEconomists from EnglandUniversity of Pennsylvania faculty
Original Language: English
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Sources
Game Theory and the Social Contract (1994), p. 152
https://en.wikiquote.org/wiki/Kenneth_Binmore
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Kenneth Binmore
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