Well, I suppose one could also say that the single ref format is a Nozickian limited state, but I think what we want is effective community policing.

There have to be enough cops on the beat to deter bad actions. Absent that, you get flopping, which is a rational response to the rule enforcement situation. The interesting thing to think about is whether a team of dedicated non-floppers would actually come out ahead with the ref(s) in the long run.

But, of course, in the long run, you’d be eliminated in the first round.