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by sanity
55 days ago
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Thank you. Yes, you could inflate your BATNA, but then you risk the other side rejecting the agreement when a mutually beneficial agreement was possible if you had been honest. This kind of property in a negotiation system, where honesty is rewarded and dishonesty can backfire, is called “incentive compatibility.” I’m not claiming my approach is formally incentive compatible, but it is directionally so. |
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