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wedrifid comments on Cooperating with agents with different ideas of fairness, while resisting exploitation - Less Wrong Discussion

38 Post author: Eliezer_Yudkowsky 16 September 2013 08:27AM

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Comment author: wedrifid 16 September 2013 08:44:31AM 3 points [-]

This translates into an informal principle of negotiations: Be willing to accept unfair bargains, but only if (you make it clear) both sides are doing worse than what you consider to be a fair bargain.

That's clever and opens up a lot of extra scope for 'imperfect' cooperation, without any exploitation problem. I notice that this matches my 'fairness' instincts and some of my practice while playing strategy games. Unfortunately I don't recall reading the principle formally specified anywhere.