The basic engine behind ECL is: “if I take action A, that increases the probability that a different actor takes analogous action B”. In some circumstances, it’s fairly clear what an “analogous action” is. But sometimes it’s not. This post is about what acausal deals might look like when agents face very asymmetric decisions.
Asymmetric ECL
Asymmetric ECL
Asymmetric ECL
The basic engine behind ECL is: “if I take action A, that increases the probability that a different actor takes analogous action B”. In some circumstances, it’s fairly clear what an “analogous action” is. But sometimes it’s not. This post is about what acausal deals might look like when agents face very asymmetric decisions.