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it increases the social product by putting means of production in the hands of those who can use them most efficiently (profitably); exper ...t graze” their possible options, and the four possible outcomes of their joint action. Within the boxes, the numbers represent the utility each herder rec

...ale ranges and rotational grazing are required for sustain- able livestock production (Kabubo-Mariara, 2005; Borwein, 2013; see also, Mearns, 1996; Banks, 2003; ...e hand, and the need for large-scale ranges and mobile herds for livestock production in arid and semi-arid regions, on the other (Rutten, 1992).

...e faced by each of two prisoners who are questioned separately about their joint crime and must decide whether to stay silent (cooperate) or testify (defect ...e of monopoly power that a particular holdout might possess, examining the production function for assembly surplus may be helpful. Particularly conducive to hol