Comment author: SilasBarta 18 July 2013 11:12:16PM 3 points [-]

Work expands to fill the available time.

Comment author: Qiaochu_Yuan 18 July 2013 07:41:41PM *  3 points [-]

It's important to distinguish between procrastination and delaying working on something because it's not urgent yet. Sometimes the latter is just a reasonable thing to do. From that perspective, deadlines tell people how urgent it is to do something. It's not surprising that they won't do it if it's not urgent, and it's unclear whether this is actually a bad thing.

Comment author: SilasBarta 18 July 2013 11:11:40PM 0 points [-]

It's bad if they're systematically underestimating the urgency (and thus placing the deadline too far out) which seems to be the rule with humans rather than the exception.

Comment author: AlexMennen 11 July 2013 01:51:23AM 7 points [-]

When I first announced the tournament, people came up with many suggestions for modifications to the rules, most of which I did not take for the sake of simplicity. Maybe we should try to figure out what rules will make it easier to write more effective bots, even if that would disqualify many of the bots already submitted to this tournament.

Comment author: SilasBarta 16 July 2013 07:58:51AM 6 points [-]

Maybe we should have a prisoner's dilemma meta-tournament in which we define a tournament-goodness metric and then everyone submits a tournament design that is run using the bot participants in the previous tournament, and then use the rankings of those designs.

Wait: does anyone know a good way to design the meta-tournament?

Comment author: Oscar_Cunningham 15 July 2013 09:47:32PM *  13 points [-]

I think the problem is just equivalent to dividing the gains from trade. We'll look at the second example first, since it is a canonical example of a trade.

I have the MacGuffin which I value at £9. You value it at £1000. Suppose that I give you the MacGuffin, you give me £9 and you put £991 on the table between us. Then we both have the utility we had when we started and we have £991 (the gains from the trade) to divide between us. Yay!

Now look at the first example. This is a canonical blackmail, which I'm going to re-write to make it look as much like the above example as possible.

I have some letters which incriminate us both. I value the letters not getting out at £M, and you value the letters not getting out at £N. Suppose I destroy the letters (rather than releasing them) and put £M on the table between us, while you put £N on the table between us. Then we both have the utility we would have had if the letters had been released but along with this we have £M+N (the "gains from the trade") to divide between us. Yay?

I think the reason why this example seems more blackmailesque is because there is a natural Schelling point for the division of the gains, namely (£M, £N), which corresponds to me destroying the letters without asking for anything. So asking you for money is rude, because I'm greedily going past the Schelling point.

The whole point of the exercise was to create a decision theory that doesn't comply with blackmail. Well, in a division of gains problem a sensible heuristic is to always demand a fair share (where "fair share" vaugely refers to some sort of Schelling point or something, depending on the problem). In the blackmail example the Schelling point is (£M, £N) so the heuristic tells us to demand at least £M, which is exactly refusing the blackmail!

Comment author: SilasBarta 16 July 2013 07:48:05AM 0 points [-]

Very well said! I would only add that your point generalizes: the differences between the two cases is the extent to which it has implications for future interaction ("moving the Schelling point"): blackmail-like situations are those where we intuit an unfavorable movement of the point (per the blackmailed) while we generally don't have such intuitions in he case of trade.

Comment author: SilasBarta 16 July 2013 07:37:43AM *  2 points [-]

Somewhat OT:

Does it really help the exposition to have all the elaborate packaging (the such-and-such vase, the jester and description of the punishment, etc)? For me it just makes it harder to read: is the vase just a perspicuous example of a valuable, or is it important that it's subject to random catastrophe (from errant jesters)? Does the presence of the makeup sex have any relevance that should affect my intuition on this?

But then, a lot of people seem to like that kind of thing, even in non-fiction and when they no longer need explanations via fairy tale metaphors, so perhaps I'm alone on this.

EDIT: Sorry, I missed that you linked a fluff-free version. Much appreciated!

Comment author: solipsist 28 June 2013 01:34:58PM *  7 points [-]

You would have missed out on doubling or tripling your money if you hadn't bought gold when those same people had made the predictions.

The S&P 500 has outperformed gold since quantitative easing began. I don't believe there has been a time past four years where a $100 gold purchase would be worth more today than a $100 S&P 500 purchase.

Comment author: SilasBarta 29 June 2013 01:26:27AM *  2 points [-]

Are you saying that no one expected the printing money (bidding up gold) before it happened, or is there a more subtle reason why the only relevant comparison is from the moment the policy called QE started?

Someone who bought gold after the Lehman fiasco (08), but before any of those QE milestones would have had several options since then to redeem for 2-3x gain.

It's an even bigger gap if you compare to any year before, back to ~98. S&P has had a horrible volatility/return performance going back to at least then.

Comment author: aelephant 28 June 2013 12:41:23AM 1 point [-]

I have always heard that gold isn't meant to be a return-on-investment kind of deal, more like a safe store for your money that is going to maintain value over time.

Comment author: SilasBarta 28 June 2013 01:16:27AM 0 points [-]

Well, it was a pretty safe bet in '08 given typical reactions to economic crises, and the prevalence of advice like this P/S/A that "oh, there totally won't be inflation from the printing money".

Comment author: SilasBarta 28 June 2013 12:03:46AM 5 points [-]

P/S/A: The people telling you to expect above-trend inflation when the Federal Reserve started printing money a few years back, disagreed with the market forecasts, disagreed with standard economics, turned out to be actually wrong in reality, and were wrong for reasonably fundamental reasons so don't buy gold when they tell you to.

You would have missed out on doubling or tripling your money if you hadn't bought gold when those same people had made the predictions.

Comment author: [deleted] 18 June 2013 06:10:36PM 5 points [-]

Why are "observers" ontologically fundamental in these anthropic arguments? Is there somewhere an analysis of this assumption? I know that there is SSA and SIA, but I don't really understand them.

How do you assign probability over worlds with different numbers of observers?

Comment author: SilasBarta 20 June 2013 01:04:28AM 0 points [-]

Many treatments of this issue use "observer moments" as a fundamental unit over which the selection occurs, expecting themselves to be in the class of observer-moments most common in the space of all observer moments.

Comment author: SilasBarta 17 June 2013 09:13:08PM 2 points [-]

"Causality is based on entropy increase, so it can only make sense to draw causal arrows “backwards in time,” in those rare situations where entropy is not increasing with time. [...] where physical systems are allowed to evolve reversibly, free from contact with their external environments." E.g. the normal causal arrows break down for, say, CMB photons. -- Not sure how Scott jumps from reversible evolution to backward causality.

It's a few paragraphs up, where he says:

Now, the creation of reliable memories and records is essentially always associated with an increase in entropy (some would argue by definition). And in order for us, as observers, to speak sensibly about “A causing B,” we must be able to create records of A happening and then B happening. But by the above, this will essentially never be possible unless A is closer in time than B to the Big Bang.

That is, we are only capable of remembering (by any means) things closer to the Big Bang, because memories require entropy increase; and furthermore, memories are necessary for drawing a causal arrow that orders past vs future. But if there is a system that stays isentropic, it needn't have such a ordering.

Note: this is actually very close to Drescher's resolution of Loschmidt's paradox ("why is physics time-symmetric but entropy isn't?") in Good and Real: since entropy determines what we (or any observers) regard as pastward, we will necessarily observe only those time histories of increasing entropy.

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