[ramses0]

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]

prisoner’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.