[skummetmaelk]

Classic failure to establish a (close to) pareto optimal regulatory structure to avoid ending up in the self-organizing Nash equillibrium which is worse for everyone.

The Price of Anarchy strikes again.

[nojvek]

What do you mean by Pareto optional regulatory structure?

Got links to read further to comprehend meaning of word salad?

[rramadass]

Not the person you asked the question of, but this should clarify;

https://en.wikipedia.org/wiki/Pareto_efficiency

https://en.wikipedia.org/wiki/Nash_equilibrium