Rationality Freiburg

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Units of Exchange

Start: Saturday, January 21, 2023 6:00 pm
End: Saturday, January 21, 2023 8:30 pm
Location: Haus des Engagements, Rehlingstraße 9 (inner courtyard), 79100 Freiburg (Map, Coordinates: 47.98934, 7.83945)
This event on meetup.com
This event on lesswrong.com


Read the following texts:

What will we do?

We will discuss the two texts, play a game called “Cambist Booking” and discuss “Units of Exchange” and their applicability to our lives.

The “Cambist Booking” game goes like this: each person will get a some cards with things you might want on them. You’ll go around asking other people what their cards are, and deciding how to compare the two values – is a sportscar worth more or less than a year’s vacation? Is an hour long massage worth more or less than a new album by your favourite band? We’ll pass out the cards at the start, keeping some in reserve for new arrivals, and spend the time talking about what we value and why. 

The lessons taught in Units of Exchange are direct applications of extremely well- established principles from economics and sociology, such as supply and demand, Pareto curves, value of information, the sunk cost fallacy, and arbitrage.

There will be snacks and drinks.


You are worried you have nothing to contribute? No worries! Everyone is welcome!

We will decide on using German or English as the main language depending on the people who turn up. Just come, we will figure it out!

Note that the event is on a Saturday instead of the usual Friday!


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