[FoRK] Agreeing to agree

Lion Kimbro <lionkimbro at gmail.com> on Wed Aug 22 08:52:53 PDT 2007

On 8/22/07, Udhay Shankar N <udhay at pobox.com> wrote:
> Robert Harley wrote: [ on 08:39 PM 8/22/2007 ]
>
> > >* and various "no bet" theorems such as the classic by Milgrom &
> >*>* Stokey, [4] showing that rational people will not participate in
> >*>* betting markets, since the mere fact that someone is willing to
> >*>* take your bet is evidence that you are wrong.
> >
> >Rational people never buy anything since the mere fact that someone is
> >willing to sell at a given price is evidence that the item is worth
> >less...
>
> Who are these "rational people" you speak of?

  You didn't know that sdw posts here?!

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