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by mjw1007 2397 days ago
Right, this is the same idea.

The current article seems to believe that this behaviour is in some sense irrational, presumably on the theory that "rationally" you should never prefer to remove a potentially useful option (which after all you could just choose not to use).

But I think that isn't the best way to look at it. What Cortés really needed was for his men to _believe_ that there was no option to retreat. As the only way for him to achieve that was to actually burn the ships, that was the price he chose to pay. But if he'd had another way to achieve that goal I expect he would have taken it.

The same goes for the chicken game: removing your control of the car is the price you may have to pay for causing your opponent to believe that you have no control of your car.

Looking at things this way, the behaviour is no more irrational than it's irrational for me to prefer a situation in which I end up with less money to a situation in which I end up with more, if I've bought something of value with that money.