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.

Eliezer_Yudkowsky comments on XKCD - Frequentist vs. Bayesians - Less Wrong Discussion

18 Post author: brilee 09 November 2012 05:25AM

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

Article Navigation

Comments (89)

Comments (89)

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

Comment author: Eliezer_Yudkowsky 09 November 2012 06:50:08PM 29 points [-]

"So," the Lord Pilot finally said. "What kind of asset retains its value in a market with nine minutes to live?"

"Booze for immediate delivery," the Master of Fandom said promptly. "That's what you call a -"

"Liquidity preference," the others chorused.

Comment author: Decius 09 November 2012 11:34:05PM 0 points [-]

So, what's the default clause on a contract for booze for immediate delivery? What makes you think a rational agent will fulfill the contract?

Comment author: gwern 10 November 2012 12:23:17AM *  5 points [-]

Maybe the ship's markets are built on Bitcoin and smart contracts with capability-based architectures & automation - they can't not deliver. (Hey, it's the future...)

Powered by Reddit Powered by Reddit