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I was very confused by the commentary on the page linked, suggesting JW was the smart one. Sure AA was a bit slow to start, but did the same thing I would have done - tried to balance the score. Only thing I don't understand is his pattern... I would have defected once after every four CCs.

To modify the example Michael Howard mentioned above: If you had to choose betweed (1%, 4%) and (2%, 2%) to be randomly assigned growth rates for your economy and another country's, which would you choose? I'd choose 2% for both, though expected would be less that way.