You're right, it'll be a "free for all" system, in which the first player to grab an item will become its owner.
To me it's all right, and since you won't be playing with perfect strangers you'll be able to "discuss" the attribution, unless your partner is a bastard, but then just stop playing with him if it becomes unbearable. Or kill him.
Life is unfair, I hope the game won't be sweetened. Besides, I don't want a loot window to pop up each times I want to pick/move an utensil, because it'd be unfair to my partner who can't interact with the litigious object at the mean time.
Last edited by Asyreon; 20/04/13 11:26 PM.