3 ms·
> zero sum re-allocation games for which intermediaries get a cut If intermediaries get a cut, wouldn't that make the games negative-sum?
by lordfoo 5y ago
> zero sum re-allocation games for which intermediaries get a cut
If intermediaries get a cut, wouldn't that make the games negative-sum?
- MispelledToyota 5y agopresumably if a transaction is taking place, the parties involved value the state of affairs after the transaction more than they did what came before, so value is being created, even including the transaction cost.