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alasarmas | 9 months ago
One might assume from a game-theoretical perspective that this is no different from living in a village where essentially everyone knows everyone’s business, and the knowledge that that knowledge is mutual prevents people from acting badly with the information that they have. However, in the situation where a small minority of people have knowledge about everyone else, and not vice versa, this can give that minority unearned power over everyone else.
In practice, it doesn’t feel great. I hope this answered your question.
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