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> Greed can't solve the Prisoner's Dilllema. I'm not exactly sure what you mean, but greedy people can easily solve the iterated prisoners dilemma. Everyone co
by roenxi 2y ago
> Greed can't solve the Prisoner's Dilllema.
I'm not exactly sure what you mean, but greedy people can easily solve the iterated prisoners dilemma. Everyone cooperates. You get the Nash & global equilibrium where everyone maximises their long term outcomes. A classic "greedy" strategy wouldn't work, but greedy people don't usually choose that strategy because it is naive and the point is to end up well off.
- corimaith 2y ago"Greedy" people sacrificing their short-term, even their generational self interest for the long term doesn't looks like to me that it fills in the conventional definition.