NancyLebovitz comments on Fixing Moral Hazards In Business Science - Less Wrong

33 Post author: DavidLS 18 October 2014 09:10PM

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Comment author: NancyLebovitz 21 October 2014 12:25:29PM 3 points [-]

Another example is the use of steel. If it's expensive, it's used for needles and watch springs. If it's cheap, it's used for girders.