One of the most fun classes I had during my MBA was Game Theory. We were introduced to the prisoner’s dilemma, where two people have to decide whether to help each other or just care about their personal benefit. The professor had also demonstrated the idea by doing a practical experiment in the class itself.
Back then, I couldn’t help but applied this idea to climate change, where countries or industries only care about their own profits and continue to pollute the environment. It may seem like cooperation to address climate change is impossible because everyone wants to benefit themselves. This means that it could cost too much to fix the problem.
However, from my experience since then, I’ve realised that we have found ways to overcome this issue and have taken positive steps towards solving climate change.
I just wrote an article on this topic, and I’d love to know your views on this!