5 ms·
My understanding is that collusion among competitors is illegal (although I’m not a lawyer). I was referring instead to the prisoner’s dilemma that Bruce Greenw
by maxgiraldo 25d ago
My understanding is that collusion among competitors is illegal (although I’m not a lawyer). I was referring instead to the prisoner’s dilemma that Bruce Greenwald discusses in Competition Demystified. In theory, competitors, like prisoners who are pitted against one another to rat on one another, are usually better off cooperating rather than turning against each other.