If you predict that majority of ‘rational’ people (say more than 50%) would pre-commit to cooperation, then you had a great opportunity to shaft them by defecting and running with their money.
Personally, I decided to defect as to ensure that other people who also defected won’t take advantage of me.
I am not sure I follow.
If you predict that majority of ‘rational’ people (say more than 50%) would pre-commit to cooperation, then you had a great opportunity to shaft them by defecting and running with their money.
Personally, I decided to defect as to ensure that other people who also defected won’t take advantage of me.