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Gunnar_Zarncke comments on Risk Contracts: A Crackpot Idea to Save the World - Less Wrong
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Comments (35)
The known specific behavior is "known knowns" and not "known unknowns". There are certainly known unknowns over which you can make valuable statements.
Accepting the limits of what one can know is important. That does often mean that one can't go further.
Yes, the known specific behavior is known known. But I'm talking about the general behavior. Where we do not know specifics of but which is still within the general model? How do you call these?
"known unknowns" describes a model where you have unknown variables but you know which variables you don't know.
OK with that terminology we can agree.