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"I'm thinking this won't apply very well to situations where everyone has a positive expected return. Like most real-world organizations, companies, etc." Don'
by RobertoG 11y ago
"I'm thinking this won't apply very well to situations where everyone has a positive expected return. Like most real-world organizations, companies, etc."
Don't understand your point. In the experiment, the low ranked persons get a positive return.
It's just that, the return, it's determined, not by the investment in the cooperation phase, but by the position in the hierarchy.
How that doesn't apply?
- tbrownaw 11y agoBecause they get less than half of the doubled pot? ...re-reading, it sounds like the pot is actually set to double the threshold rather than doubling whatever's in it. Which means the way I was trying to calculate things out won't work, but also explains why the splitting phase behaved like it did.