EBayer’s dilemma: Difference between revisions

EBayer’s dilemma (view source)

2 bytes removed , 28 August 2019

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 {{a|risk|}}
-for those spooked by the idea of being locked up in a police cell on trumped up charges, consider instead the [[eBayer’s dilemma]]. This version {{author|Douglas Hofstadter}} once described as the "briefcase came", but Millennials will recognise it as the [[eBayer’s dilemma]].
+For those spooked by the idea of the [[prisoner’s dilemma]] — being locked up in a police cell on trumped-up charges, consider instead the [[eBayer’s dilemma]]. This version {{author|Douglas Hofstadter}} once described as the "briefcase came", but Millennials will recognise it as the [[eBayer’s dilemma]].
 Strangers consider a settling a transaction they have drunkenly agreed on eBay to purchase a set of complete boxed set of the final season of ''Some Mothers Do ’Ave ’Em'' on VHS, for £100<ref>The eBayers don’t ''have'' to be drunk, but as we all know, most people on eBay ''are'', so this is a bit of dramatic colour.</ref>.
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 *'''Seller defects''': If the buyer pays but the seller does not post:
 **The buyer will have paid £100 for nothing (-£100)
-**The seller will receive £100 and will still have the video it values a £50 (+£150).
+**The seller will receive £100 for nothing (+£100).
 *'''Mutual defection''' If the seller does not post ''and'' the buyer does not pay:
 **The seller is in its original position (£0).