= 27d567bc2d48d9f40e9ccc20ea370b15)
CCC comments on Rationality Quotes February 2013 - Less Wrong
You are viewing a comment permalink. View the original post to see all comments and the full post content.
= 783df68a0f980790206b9ea87794c5b6)
Loading…= b715d02e85f7b3b4ae65ca3d3e450868)
Subscribe to RSS Feed
Powered by Reddit
= f037147d6e6c911a85753b9abdedda8d)
You are viewing a comment permalink. View the original post to see all comments and the full post content.
Comments (563)
Only if they can trust the promise; once their term is up, the parties have little real incentive to stick to their promise, after all.
There will be an incentive to aid people who immediately donate a great big chunk of money to the State, as that money will be shared out among the ministers at the end of their term in any case; but the incentive only works, there, if the great big chunk of money is more than the state would obtain by other means.
In iterated games, defection has its price.
I see your point and, on further thought, acknowledge it as correct.