“After a little reflection, the best strategy becomes clear: bid aggressively up to a maximum cutoff value and then quit.”

—  Howard Raiffa

Part II, Chapter 6, The Role of Time, p. 87.
The Art and Science of Negotiation (1982)

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "After a little reflection, the best strategy becomes clear: bid aggressively up to a maximum cutoff value and then quit." by Howard Raiffa?
Howard Raiffa photo
Howard Raiffa21
American academic 1924–2016

Related quotes

“t has become clear from the rumblings and soul-searching in the field of competitive strategy that a revolution is brewing. Managers and strategy researchers are”

Richard D’Aveni (1953) American economist

Foreword
Hypercompetition. 2010

Samuel R. Delany photo

“Honesty is the best policy; a policy is, after all, a strategy for living in the polis — in the city …”

Samuel R. Delany book The Mad Man

Source: The Mad Man (1994), p. 67; ellipses in the original

“Nine times out of ten, salespeople don't succeed on social media, because they don't have a clear strategy on how to build an audience and provide value.”

Vladimer Botsvadze

Randy Pausch photo

“The best gift an educator can give is to get someone to become self-reflective.”

Randy Pausch book The Last Lecture

The Last Lecture (2007)

Jimmy Carter photo

“History teaches, perhaps, very few clear lessons. But surely one such lesson learned by the world at great cost is that aggression, unopposed, becomes a contagious disease.”

Jimmy Carter (1924) American politician, 39th president of the United States (in office from 1977 to 1981)

Speech on Afghanistan (4 January 1980) http://millercenter.org/president/carter/speeches/speech-3403 <br class="br">Presidency (1977–1981), 1978

Ai Weiwei photo

“We see plenty of artistic work that reflects superficial social conditions, but very little work that questions fundamental values.”

Ai Weiwei (1957) Chinese concept artist

2000-09, Truth to Power, 2008

“Another side of the same strategy has been worked out to neutralise, paralyse and blacken or pamper different sections of Hindu society so that the road is cleared for the forward march of Islamism. Some salient features of this secondary strategy can be outlined as follows: 1. The concept of Secularism which is enshrined in the Constitution of India and which has become the most sacred slogan for all our political parties should be distorted, misinterpreted and misused to the maximum to block out the least little expression of Hindu culture in the state apparatus and public life of India; 2. The terms “communal” and “communalism” which have become terms of abuse in India’s political parlance, should be carefully cultivated and more and more mystified to malign all those organisations, institutions and parties which do not serve Islamism, directly and/or indirectly; (…)”

Sita Ram Goel (1921–2003) Indian activist

Hindu Society under Siege (1981, revised 1992)

Teal Swan photo

“It is ironic that when the priority is personal safety, the world becomes a very dangerous world. It becomes a world in which everyone is doing things for their own individual best interests. It becomes a society of control, strategy and zero-sum games.”

Teal Swan (1984) American spiritual teacher

“If the discount parameter, w, is sufficiently high, there is no best strategy independent of the strategy used by the other player.”

Robert Axelrod The evolution of cooperation

Chap. 1 : The Problem of Cooperation
Proposition 1.
The Evolution of Cooperation (1984; 2006)

“(Television) Men are naturally more aggressive than women. (Sylvia) All the more reason to keep them locked up after dark.”

Nicole Hollander (1939) Cartoonist

Source: Sylvia cartoon strip, p. 24

Related topics