The background details I’d been imagining are that Alive and Bob were in essentially identical situations before their interaction, and it was just luck that Alice and Bob got the capabilities they did.
Alice and Bob have two ways to convert tokens into money, and I’d claim that any rational joint strategy involves only using Bob’s way. Alice’s ability to convert tokens into pennies is a red herring that any rational group should ignore.
At that point, it’s just a bargaining game over how to split the $1,000,000,000. And I claim that game is symmetric, since they’re both equally necessary for that surplus to come into existence.
If Bob had instead paid huge costs to create the ability to turn tokens into tens of millions of dollars, I totally think his costs should be repaid before splitting the remaining surplus fairly.
This might be a framing thing!
The background details I’d been imagining are that Alive and Bob were in essentially identical situations before their interaction, and it was just luck that Alice and Bob got the capabilities they did.
Alice and Bob have two ways to convert tokens into money, and I’d claim that any rational joint strategy involves only using Bob’s way. Alice’s ability to convert tokens into pennies is a red herring that any rational group should ignore.
At that point, it’s just a bargaining game over how to split the $1,000,000,000. And I claim that game is symmetric, since they’re both equally necessary for that surplus to come into existence.
If Bob had instead paid huge costs to create the ability to turn tokens into tens of millions of dollars, I totally think his costs should be repaid before splitting the remaining surplus fairly.