3 ms·
> Particular changes have positive and negative aspects for different people. There are also the statistical notions of majority, median and average, not to me
by bigbadfeline 11mo ago
> Particular changes have positive and negative aspects for different people.
There are also the statistical notions of majority, median and average, not to mention Pareto optimality. How we measure the social effect of changes is another topic but it's more than clear that it can be measured.
> the vendors [of nuclear plants] were basically dishonest and knew they quote an unrealistically low price
I'm not sure why the vendors have to determine the honesty of the bidding process, that's not what contract theory would advise.