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8-02-2010 @ 9:25AM
Obviously the literal, pure "two people who will never interact again" version of the Prisoner's Dilemma never happens, but sub-games and derivations of it happen all the time.The Glyph Market is in fact a good example. If you undercut your competition, you can expect them to undercut you, and so on until glyph prices hit the floor and you both make less money. On the other hand if you *don't* undercut the competition, you'll make no money anyway, because nobody will buy your glyphs.In this case sure, you could get together with your competitors and fix the market, but you'd have to do it with every other glypher on the server and if one of you breaks the deal, glyph prices start dropping.It's simply how competition *works*. And it's not even a bad thing, necessarily. There's a reason we have antitrust laws.
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