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Decius comments on Other prespective on resolving the Prisoner's dilemma - Less Wrong
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The relevance is that the rational strategy is to defect. Always, unless your selection has a sufficiently high probability of changing your opponents suggestion. If possible, maximize the chances that your opponent will cooperate.
... 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.