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RE: Clueless
By thirdshop on 8/31/2012 9:39:03 AM , Rating: 2
The way the prisoners dilemma work is that both will be better off if neither prisoner says anything. However, studies show that the majority will jump at a perceived advantage and betray the other prisoner when presented with a "reduced" sentence by turning over their partner. What these studies show is people do not often do the logical thing but rather react to a perceived advantage.
What this works out to is that most manufacturers saw no advantage in basic R&D to make real improvements unless forced by outside pressures.

RE: Clueless
By Ringold on 8/31/2012 5:21:08 PM , Rating: 2
That's not the way the math works in this situation. By inaction as a whole, the industry could maintain the status quo, which is okay for mafia bosses with culturally established territories, ranks, etc.

But the first one to move in commerce as the advantage, as in war. This is obvious; if one automaker could make supposedly simple investments and turn the competition to dust, billions of dollars of pure profit stood to be made, along with perhaps a mindshare dominance in the public that could last for an entire generation.

Sig wouldn't offer a logical response because, like liberals and their conspiracy theories, it was a reaction based on an emotional gut reaction distaste for corporations. He could neither prove cartel-like behavior nor logically suggest why a company would shoot itself in the foot for the benefit of their competitors, and so far neither have you.

