Because, they may negotiate for some improvement of their situation but one party WILL come out on top.
There has never been a deal in the history of mankind that both parties benefitted precisely equally.
Why is that so hard to understand...... it’s such a basic yet universal concept. What’s more it’s demonstrably provable.
And what determines which party came out on top? What if both parties think they came out on top? Who is the final judge?
There has never been a deal in the history of mankind that both parties benefitted precisely equally.
As determined by what?
Why is that so hard to understand...... it’s such a basic yet universal concept. What’s more it’s demonstrably provable.
Then prove it. And you're going to have to go back to every deal every done. Good luck. Let me know when you're finished.
Equal shmeequal. If I’m closing out a long position on Corn by selling my contract to someone who’s closing out a short position on Corn, we’re both better off than we would be if we didn’t close our positions and instead got stuck on the last day. I’d have to make room in my garage for 5,000 bushels of corn and pay for it at contract price, and he’d have to find 5,0000 bushels of corn to sell at his contract price. We solve each other’s problems with one transaction, and free up our capital. Equal? Maybe by accident, but it’s irrelevant whether or not it’s equal.