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And in an economics seminar, a graduate student made the claim "It is axiomatic that if there are more possible outcomes to a negotiation, it is easier to achie
by CurtMonash 12y ago
And in an economics seminar, a graduate student made the claim "It is axiomatic that if there are more possible outcomes to a negotiation, it is easier to achieve a result." This is in fact nonsense, as can easily be seen by considering cases in which the set of all possible outcomes has cardinality 1.
And so I said "It may be axiomatic, but it also happens to be incorrect."
- CurtMonash 12y agoRelevant to the previous anecdote is that, as a game theorist, I of course had read and thought a fair amount about negotiation.