I agree with Richard here, in that the market for lemon’s model is really hard to extend to the full “open source game theory case”.
Proving this isn’t very hard. Bayesianism has a realizability assumption, but of course if you have an adversary that is smarter than you, you can’t model them, and so you can’t form a bayesian hypothesis about what they will do.
This then extends into logical uncertainty, and solutions to logical uncertainty produce things that are kind of bayesian but not quite (like logical induction), and how to actually translate that into real-life thinking feels still like a largely open question.
I agree with Richard here, in that the market for lemon’s model is really hard to extend to the full “open source game theory case”.
Proving this isn’t very hard. Bayesianism has a realizability assumption, but of course if you have an adversary that is smarter than you, you can’t model them, and so you can’t form a bayesian hypothesis about what they will do.
This then extends into logical uncertainty, and solutions to logical uncertainty produce things that are kind of bayesian but not quite (like logical induction), and how to actually translate that into real-life thinking feels still like a largely open question.
Yeah, I don’t disagree with anything in this comment. I was just reacting to the market for lemons comparison.
Ah, cool, makes sense!