You're looking at Less Wrong's discussion board. This includes all posts, including those that haven't been promoted to the front page yet. For more information, see About Less Wrong.

Psychohistorian comments on Econ/Game theory question - Less Wrong Discussion

12 Post author: Psychohistorian 11 May 2011 08:17PM

You are viewing a comment permalink. View the original post to see all comments and the full post content.

Comments (56)

You are viewing a single comment's thread. Show more comments above.

Comment author: Psychohistorian 12 May 2011 02:41:21AM 1 point [-]

...but when he signs this contract, he may find out that B signed a contract refusing to accept anything less than $450,000 for the land, or else pay some large some to D. If there's any lag in communication between the two of them, this is an extremely risky strategy.