A New Understanding of the Economics of Game Theory.

In the game theory of economics there is the assumption that economic agents are selfish, however we know from research on altruism that people are fundamentally altruistic or utilitarian. The model of the selfish agent depends on the economic context of high or low trust. Who or what we make exchanges with makes a difference. People are naturally inclined to fairness. If people are fair then the trust levels of a region should be higher, if not then the trust levels will be lower. One important principle of fairness is to see others as they appear in fact and not according to our subjective perceptions and feelings. Economic exchange should reflect inner worth and not simply dollar signs. The currency sign is mearly an indicator, true wealth is an inner quality that develops from the equalizing principle of fairness. A fair and just society is an organic arrangement of economic being that honors a balance based on the phenomenology of necessity. This can be derived through Schellers understanding of value. An inversion of values will create low trust and economic disparity. A new game theory is purposed using the 7 fold logic of the Jains. An economic agent is then seen to be empty of essential nature on the one hand and on the other to have a nature of loving-kindness. By using this understanding we can create a society of universal flourishing.