So the situation is as bad as it could possibly be.
You mean, it is as bad as it could possibly be for the Nash equilibrium to be a good strategy and a good predictor in this setup? Yep, absolutely. All models tend to have their domain of validity, and this game shows the limits of the Nash equilibrium model of decision making.
You mean, it is as bad as it could possibly be for the Nash equilibrium to be a good strategy and a good predictor in this setup? Yep, absolutely. All models tend to have their domain of validity, and this game shows the limits of the Nash equilibrium model of decision making.
That is true, but I meant it as “as close as you want to the worst possible outcome, and as far as you want from the best mutual outcome”.