I talk about it a bit in the original post and the replies: https://news.ycombinator.com/item?id=11209768 https://news.ycombinator.com/item?id=11209768 > if t

I talk about it a bit in the original post and the replies: https://news.ycombinator.com/item?id=11209768 https://news.ycombinator.com/item?id=11209768 > if the decision makers were profit maximizing individuals This might be a different problem, because "profit" (or utility, which would be a better word) is not a straightforward measure. A firm is a very complex organism, so it isn't trivial to account for 1st, 2nd, 3rd order impacts of any actions. Often enough, the "best" decision might seem counter-intuitive, or just terrible.