LucasSloan comments on Harry Potter and the Methods of Rationality discussion thread, part 3 - Less Wrong

5 Post author: Unnamed 30 August 2010 05:37AM

You are viewing a comment permalink. View the original post to see all comments and the full post content.

Comments (560)

You are viewing a single comment's thread. Show more comments above.

Comment author: LucasSloan 31 August 2010 04:46:03AM 1 point [-]

Should businessmen collude on one-shot pricing?

Yes. If the expect to be using the same decision algorithm, they will maximize their personal profits if they both set the price that gives the greatest total return.