Nisan comments on Principals, agents, negotiation, and precommitments - Less Wrong

17 Post author: gwillen 21 September 2012 03:41AM

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Comment author: Nisan 21 September 2012 01:03:57PM 4 points [-]

This article by Yvain is relevant.

Comment author: gwillen 21 September 2012 10:39:32PM 0 points [-]

That article is all about precommitments and ways to get people to violate them. (I read it previously and liked it.) The interesting thing about delegation is that the precommitment becomes totally inviolable, because the person who would be permitted to violate it is not even present at the negotiation.