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RE: Basic Game Theory: Why Steemit Whales Won’t Sell Past a Certain Point

in #steemit8 years ago

I was just using public good as a way to say that it was open to many participants, when I think the whale situation should be more studied as more of an oligopoly. I like the prisoner dilemma approach better. However I see it just as another possibility to what CAN happen. There are many possible outcomes in economics and I think that both are equally as likely. It depends on what kind of people the actors are.