Upvote for mentioning tit-for-tat. There has been a lot of research on the iterated prisoner’s dilemma, and as I recall the winning strategy determined by many experiments showed that over time, the ‘nice tit-for-tat’ strategy gets the highest score. It may lose out in an individual interaction, but over time, sticking to it is the best long-term strategy.
However this does mean if one is a grifter and fully expects never to interact with the other (victim) party again… there’s less incentive to use such a strategy.
Upvote for mentioning tit-for-tat. There has been a lot of research on the iterated prisoner’s dilemma, and as I recall the winning strategy determined by many experiments showed that over time, the ‘nice tit-for-tat’ strategy gets the highest score. It may lose out in an individual interaction, but over time, sticking to it is the best long-term strategy.
However this does mean if one is a grifter and fully expects never to interact with the other (victim) party again… there’s less incentive to use such a strategy.