“It's hard to beat signaling equilibria - because they're 'multi-factor markets' - which are special cases of coordination problems that create 'inferior Nash equilibria' - which are so stuck in place that market controllers can seek rent on the value generated by captive participants.”
Quote by Eliezer Yudkowsky
Work
Inadequate Equilibria: Where and How Civilizations Get Stuck
Browse quotes and source details for this work. more
Author
You May Also Like
Source: The World is Watching: Video as Multinational Aesthetics, 1968-1995
“I'm not a criminal,” said Paddington, hotly. “I'm a bear!”
Source: A Bear Called Paddington
“I'll never be like other people, but that's alright because I'm a bear.”
Source: The Adventures of Paddington
Source: A Bear Called Paddington
“One day, scientists will overtake LIGHT and crash into the DARKNESS.”
Source: The 120 Days of Sodom
Source: Reaper Man
Source: The Memoirs of Jacques Casanova de Seingalt 1725 - 1798
