Price of anarchy

The Price of Anarchy is a measurement of how well a group of people can work together when they are all trying to achieve the same goal. It measures how efficient the group is when everyone is working independently and trying to maximize their own rewards. If the group is working together well, it will be able to get the best possible rewards quickly and easily. If the group is not working together well, it will take longer and be harder to get the same rewards. The Price of Anarchy helps us figure out if working together as a group is better than working alone, so that we can decide which way works better for us.