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Good point, that is an important distinction. In the end tho, I think the equation is still the same: if Pr(d|r)*Cost(d) > $request then pay him Where d is de
by sophacles 17y ago
Good point, that is an important distinction. In the end tho, I think the equation is still the same:
if Pr(d|r)*Cost(d) > $request then pay him
Where d is dealing with the guy, r is the reasonableness of his request, and pr is the probability function.
- eru 17y agoThere are also signalling aspects to paying and going to court.
- sophacles 17y agoPlease explain further.
- eru 17y agoThe comment by dschobel explains most of what I meant: "It's a calculated risk. Some companies refuse to settle for certain classes of litigation in the hope that it will deter people from bringing frivolous suits down the road even if it means paying more in legal costs up front." On the other hand, not going to court with a customer also sends a signal.
- sophacles 17y agoI see, thanks!