Ixiel comments on Open thread, Oct. 27 - Nov. 2, 2014 - Less Wrong

5 Post author: MrMind 27 October 2014 08:58AM

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Comment author: Ixiel 29 October 2014 11:35:14AM *  0 points [-]

Assuming that cupcakes are tradable, that seems intuitively false to me. Is it just your intuition, or is there also reason? Not denying intuitions' values, they are just not as easy to explain to one who does not share them.

Comment author: lmm 29 October 2014 11:04:37PM 0 points [-]

If cupcakes are tradeable for brownies then I'd distribute both evenly to start and allow people to trade at prices that seemed fair to them, but I assume that's not what you're talking about. And yeah, it's primarily an intuition, and one that I'm genuinely quite surprised to find isn't universal, but I'd probably try to justify it in terms of diminishing returns, that two people with 3 cupcakes each have a higher overall happiness than one person with 2 and one with 4.