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awolf | 11 years ago

>better-informed parties find it extremely difficult to think about problems from the perspective of lesser-informed parties

Reading this made me think of poker. Calibrating to the skill level of lesser players is often very difficult for intermediate and lower-advanced players. Being able to synthesize the less sophisticated thought technologies beginners are using is surprisingly difficult. Failure to adjust often leads better players to play incorrectly against newbies. Anyone who has experienced the frustration of beating medium/high stakes cash games only to lose in home games with your friends for 1/1000th the stakes will know what I mean.

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