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Thank you, this is a really interesting framing! What do you think the objective function might be that gets min/maxed by being dysfunctional? Something about
by pitched 4y ago
Thank you, this is a really interesting framing!
What do you think the objective function might be that gets min/maxed by being dysfunctional? Something about minimizing the harm from poor decisions?
- granshaw 4y agoYes once you reach a certain size, predictability >>> everything else. This trickles down, and risk aversion becomes the name of the game even at the individual level