Armok_GoB comments on Gains from trade: Slug versus Galaxy - how much would I give up to control you? - Less Wrong

33 Post author: Stuart_Armstrong 23 July 2013 07:06PM

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Comment author: Wei_Dai 20 July 2013 05:00:34PM 16 points [-]

Here's another strange property of the bargaining solution. (Again I would appreciate confirmation that I'm understanding it correctly.) Suppose Alice and Carol both have linear utility, and Alice owns a tiny bit more resources than Carol. Then Alice's utility function gets normalized to have a higher marginal utility than Carol, and all the resources go to Alice. If Carol instead brought a tiny bit more resources to the table, then all the resources would go to Carol.

I find it puzzling that the post is getting upvoted so much with so little discussion. Is anyone else looking at whether the solution produces outcomes that make intuitive sense?

Comment author: Armok_GoB 20 July 2013 09:24:19PM 6 points [-]

I'm certainly not looking at the solution; I have no idea how to work any of this maths, and am mostly skimming along with a bazillion other blogs anyway! I know I trust Lesswrong, so obviously if there's a confident-sounding post here I assume it's correct.

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