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Punoxysm comments on Lying in negotiations: a maximally bad problem - Less Wrong Discussion

13 Post author: Stuart_Armstrong 17 November 2014 03:17PM

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Comment author: Punoxysm 17 November 2014 05:42:28PM 7 points [-]

In the real world, solutions 2,3, and 4 are commonly practiced.

Also, since many bargains are repeated, there's generally some moderate form of reprisal (ranging from increased skepticism to attacks on reputation) for negotiation partners who successfully exploit ignorance too much.