Commitment

todo

Communication

  • persuasive if you can seem like you listen
  • more information … less deals
    • harder to do positional bargainingtodo check this

Group choices

  • aggregate group preferences
  • people don’t agree
  • inconsistent people are money pumps
    • consulting companies use the inconsistencies to sell their stuff
    • enabled by a group of people deciding
    • Condercet Paradox
  • groups don’t have to be consistent

Voting

  • arrows impossibility theorem

    • no voting system can ever be perfect
  • plurality voting

    • first pick
    • winner: highest vote count
  • borda voting

    • full ranking of preferences
      • first pick: score n-1, last pick: score 0
    • winner: preference with highest score
  • approval voting

    • subset of “acceptable choices”
    • winner: preference acceptable to most
  • veto voting

    • negative of approval voting
      • anti-vote
    • winner: preference not acceptable to least

todo strategic non-truthful voting

  • put your nemesis at the beginning, then your actual preference at the last point
    • agendas matter

Trembling Hand

todo