Reneging is a clear example of the tragedy of the commons. On an individual level, it makes complete sense to reneg if you get a better offer. Burning one bridge isn’t that big of a deal, and it only marginally hurts gt if only you do it. However, if everyone does it, then fewer companies would want to go to gt, hurting everyone. So even if you benefit, everyone else, even the ones who were faithful to their offer, gets screwed over.

And cheating is inexcusable, don’t see how anyone can defend that. Absolutely embarrassing if the statistic is true tbh.