Damn. And here I was planning on making that exact proposition to the first competent normal nation player I'd encounter in-game with my best "I will make an offer you can't refuse" impersonation. Baalz, by laying out the obvious you're taking out all the fun of terrorizing these people.
But yes, the game setup is quite juicy in setting the stage for some classical game theory experiments. Just google for prisoner's dilemma and tragedy of the commons for a few thought experiments.