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.

billswift comments on Open Thread, March 16-31, 2012 - Less Wrong Discussion

2 Post author: OpenThreadGuy 16 March 2012 04:53AM

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

Comments (114)

You are viewing a single comment's thread.

Comment author: billswift 16 March 2012 06:59:39PM *  1 point [-]

Is there a term in many-party game theory for a no-win, no-lose scenario; that is where by sacrificing a chance of winning you can prevent losing (neutrality or draw)?

Comment author: TimS 16 March 2012 11:47:04PM 0 points [-]

I don't know any game theory terms, but in law, there's the high-low agreement, where the plaintiff agrees that the maximum exposure is X, and the defendant agrees that the minimum exposure is Y (a lower number). It aims to reduce the volatility of trial.