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Unless you try it with a group familiar with game theory, when one person says "You and I bid one and two cents, and everyone else shut up and don't bid, and we
by Thespian2 10y ago
Unless you try it with a group familiar with game theory, when one person says "You and I bid one and two cents, and everyone else shut up and don't bid, and we all split the $19.97 profit evenly."
- tedunangst 10y agoThere's always a defector who realizes he can bid three cents and take the whole 19.97 for himself.