Quote:
Originally Posted by Ironduke
Wouldn't game theory posit that if one farmer lowered his production, others would increase theirs to reap extra profit?
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Very good point...
And these are not a small number of large farmers who can collude and negate this; these represent a huge number of farmers with
very small holdings
Of course, in real life, it is doubtful if they will actually be able to affect their production at all...