I think it's part of human nature, in an ideal world, it would be like you say, with all the good points mentioned, but then our nature kicks in, as you say you tend to have some bias with friends, as for projects, they want to have more and more HP delegated so they have more vote power, so they earn more and what you need to do for this? Vote who delegates to you (not declaring it explicit), so you don't lose the delegations and others see and delegate to you to get the vote too and you earn more because the HP keeps increasing... In the end it's like in real life, we are humans, we are greed
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