3 ms·
> It also means there is no incentive to expose the best liars, which creates a positive feedback loop of lauding them instead, allowing them to lie to the next
by kadoban 3y ago
> It also means there is no incentive to expose the best liars, which creates a positive feedback loop of lauding them instead, allowing them to lie to the next person.
Are you ignoring that shorts exist here?
- tommiegannert 3y agoYes, good point, though I suspect shorts are much less common than longs, especially in PE, so on average, the best liars would be raised. Maybe the shorts even have incentive to let the liars go further, so they can get a higher entry.