The relevance is that the rational strategy is to defect.
… unless your opponent also defects, and only in one-shot PD. Or maybe we are using different definitions of “rational”, given how both players “rationally” defecting both lose.
Given that one’s opponent defects, you get more points for defecting.
… unless your opponent also defects, and only in one-shot PD. Or maybe we are using different definitions of “rational”, given how both players “rationally” defecting both lose.
Given that one’s opponent defects, you get more points for defecting.