For many people, such a stance would be too tedious and would cost far more in lost opportunities than it would save in avoided harms. To act according to the backward induction argument against cooperation in the iterated prisoner’s dilemma would not generally be in their interest (see discussion of the iterated prisoner’s dilemma in chapter 1).

XREF: Connects to the iterated prisoner's dilemma discussion in chapter 1 of the same work, and to broader game theory literature on backward induction vs. practical rationality.

Russell Hardin, Trust and Trustworthiness, loc. 606