iconreforged comments on Decision Auctions aka "How to fairly assign chores, or decide who gets the last cookie" - Less Wrong Discussion
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Comments (57)
Am I mistaken, or is this a case of Coasian bargaining?
Yes, we're super keen to make sure the efficient thing happens regardless of the initial distribution of resources/responsibilities/property-rights/etc. And we use yootling as a bargaining mechanism to make that happen. In general we're always willing to shove work to each other or redistribute resources as efficiency dictates, using payments to make that always be fair.