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I wholeheartedly agree with your first sentence. However, the thought experiment feels vulnerable to bias and other factors unrelated to performance, (just like
by satyrnein 6y ago
I wholeheartedly agree with your first sentence. However, the thought experiment feels vulnerable to bias and other factors unrelated to performance, (just like the salary negotiation process you're comparing it to).
- ithkuil 6y agoThe thought experiment indeed highlights the same dynamics: it's not about whether there are effective differences in quality in people (and thus different "valuations"), but whether the noise in the system is larger than the signal.