Agree that lying is discouraged by the risk that the other party will sing, but lying—especially in a way that isn’t maximally beneficial—is encouraged by the prevalence of arguments that bad lies are unlikely. The game theory of bad lies seems like it could get pretty complicated.
Agree that lying is discouraged by the risk that the other party will sing, but lying—especially in a way that isn’t maximally beneficial—is encouraged by the prevalence of arguments that bad lies are unlikely. The game theory of bad lies seems like it could get pretty complicated.