A nitpick: I believe “Voluntary cooperation” shouldn’t always be equal to “Pareto preferred”. Consider an Ultimatum game, where two people have 10 goodness tokens to split; the first person suggests a split (just once), then the second may accept or reject (when rejecting, all tokens are discarded). 9+1 is Pareto superior to 0+0 but one shouldn’t [100%] accept 9+1 lest that becomes anything they are ever suggested. Summarizable with “Don’t do unto yourself what you wouldn’t want to be done unto you”, or something like that.
Agree. Upholding voluntary cooperation should be our meta strategy whether or not it leads to pareto-preferred outcomes but it’s a very nice additional feature that it often does :)
Nicely written!
A nitpick: I believe “Voluntary cooperation” shouldn’t always be equal to “Pareto preferred”. Consider an Ultimatum game, where two people have 10 goodness tokens to split; the first person suggests a split (just once), then the second may accept or reject (when rejecting, all tokens are discarded). 9+1 is Pareto superior to 0+0 but one shouldn’t [100%] accept 9+1 lest that becomes anything they are ever suggested. Summarizable with “Don’t do unto yourself what you wouldn’t want to be done unto you”, or something like that.
Agree. Upholding voluntary cooperation should be our meta strategy whether or not it leads to pareto-preferred outcomes but it’s a very nice additional feature that it often does :)