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fubarobfusco comments on Game Theory As A Dark Art - Less Wrong
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Unfortunately, the link seems broken. I would really like to see this study.
Great examples of game theory.
Considerung the evil plutocrat:
What happens if both parties vote "nearly" 50% yes? The bill would fail, and the money depends on rounding issues. In addition, the best solution for both would be a cooperation here. Reject the bill, share the money in some way.
If a party reasons that the other party votes 100% yes, the best option would be just some "yes", and several "no" votes. The bill passes, but the party gets a better reputation. Therefore, we have no stable equilibrium.
Edit: Why does the site steal single line breaks?
Indeed, the problem seems to assume that political parties are not the sorts of things that can learn to cooperate with each other against a common foe.