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Prisoners Dilemma vs Iterated Prisoners Dilemma. Low trust == maximize mechanical power and optimization Higher trust == invest time, relationship-building an
by ramses0 2y ago
Prisoners Dilemma vs Iterated Prisoners Dilemma.
Low trust == maximize mechanical power and optimization
Higher trust == invest time, relationship-building and lower individual transaction profit over a larger volume of profit
Few consumer sales interactions fall into the second category.
- binary132 2y agoprisoner’s dilemma is a dilemma for a reason: it optimizes the total outcome badly. maybe this is why the pessimization of the modern business cycle everyone loves to cry about always works out that way — we’re all interacting in a commons where trying to screw everyone else as hard as possible is the rule, not the exception.