“We have below the optimum amount of fraud; which margins are we underperforming at” is a very real conversation to have. Some organizations have incredible social difficulties acknowledging tradeoffs exist and find themselves in unhappy space on N dimensional graph as a result.
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I remember a conversation with a lawyer I had when I was six and didn’t really understand for many many years later. I thought I was a smart kid because I knew his job was winning “cases”, so I asked whether he won all his cases.
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Approximately: Ah, good question. I would be a very bad lawyer if I won all my cases. The majority of disputes are settled out of court. Resolving with a lawsuit that goes all the way to trial is an option in the toolbox for generating better outcomes for clients.
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If I won literally every time, that would mean that I was likely being insufficient aggressive at choosing litigation over settlement on some cases which were a) winnable and b) where counterparty’s final offer was substantially worse to client than what they’d get if they won.
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So no Patrick, I don’t win every case. I cannot say “I do not try to win every case I bring” because of professional ethics, but I can tell you that law is strategic and pursuing a strategy of always winning would be pursuing a poor strategy.
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I'm may be misunderstanding ,but I want to summarize what you are saying : too strict enforcement of negative externalities leads to more drawbacks due to the cost of enforcement vs. the amount of fraud prevented.
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I suspect perhaps it’s more than just that? If your filters are so tight that you can demonstrate no frauds/negatives, you have in any practical environment improperly excluded non-fraud/positive opportunity?
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Google SRE (and other places) turned this into an explicit rule with "error budgets:" https://landing.google.com/sre/sre-book/chapters/embracing-risk/ … In some cases, e.g. with Chubby (a piece of locking infra), they have actually *forced services to go down* so that they use up their budget:pic.twitter.com/CfWsf3HZcS
Thanks. Twitter will use this to make your timeline better. UndoUndo
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Umeshisms are everywhere, but you have to optimize for them in secret
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