It’s very worthwhile for an agent to develop an ability to recognize these sorts of games and learn to either ① avoid them entirely, or ② in the case of progressive ones like the dollar auction, bail out early and cut losses.
It’s very worthwhile for an agent to develop an ability to recognize these sorts of games and learn to either ① avoid them entirely, or ② in the case of progressive ones like the dollar auction, bail out early and cut losses.