Greed rolling is the only capitalistic way of doing loot because it doesn't penalize the fortunate. Raiding is the only exception of course.
For the record I've always been a horrible roller and dirt poor. Still, better to lose an item due to rolling than justification.
Note: I think round robin is fun amongst friends but since all items are valued differently it's not perfect for strangers. Same reason a cash based economy works better than bartering.
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