▲ | benreesman a day ago | |
Equilibria for iterated vs. non-iterated play in the prisoner's dilemma are generally very different. To the extent that the current leadership of government and business are facing a collective action problem it is because different actors have a different number of iterations they are optimizing for. Put differently, when it's #CrimeSeason, you gotta get yours before the bill is due, and different crooks on different schedules. |