pot committed · priced-in
Ask PrometheusA thing whose own past actions put in so much that continuing is worth more than stopping: a real wall, because what it put in can be won.
Pot committed (adjective) means: A thing whose own past actions put in so much that continuing is worth more than stopping: a real wall, because what it put in can be won. It emerges from set, wall, past, put: Each voluntary stake is small and reversible when made, but together they move the wall that used to permit stopping; because the stakes are still in play the wall is real, and continuing is the one action its own reach still favours. In the EmergenceLexicon it sits at computed level 16, chaining down to the four foundations (space, time, energy, pattern).
ordinarily means: in poker, having put so much into the pot that folding is no longer the sound play
Examples
- In no-limit hold'em, a player with only a few chips left behind after a large bet is called pot-committed: the pot odds make calling correct with most hands. games
Emergence
- a wall built from one's own increments
- an exit closed by price, not by impossibility
- commitment that is correct, not a bias
Chain to foundations
full chain as text (428 steps)
- pot committedL16
- setL9
- wallL8
- pastL2
- putL3
- winL6
- continueL6
- valueL13
- stopL15
- motionL2
- boundaryL2
- changeL1
- interactionL2
- interactingL4
- limitL14
- wallL8
- parameterL4
- driftL11
- applicationL10
- useL6
- purposeL9
- goalL6
- stateL2
- differenceL1
- needL5
- stateL2
- differenceL1
- persistL1
- conditionL3
- objectL4
- workL3
- meaningL8
- informationL6
- differenceL1
- marksL5
- patternL0
- differenceL1
- stateL2
- knowledgeL7
- patternL0
- informationL6
- goalL6
- processL4
- specificL3
- justL2
- differenceL1
- othersL2
- applyingL8
- forceL12
- holdL13
- actionL4
- realL2
- againstL13
- reachL13
- agencyL14
Neighborhood
Concepts that depend on this one above; what it is built from below.
Relations
| contrasts-with | sunk-cost.path | sunk cost is past work that sets no wall yet is read as one; pot-committed stakes are still in play, so the wall is real |
| contrasts-with | burned-bridges.path | a burned bridge makes return impossible in one act; pot-committed makes stopping unsound by accumulated stakes |
| contrasts-with | painting-yourself-into-a-corner.self-set | the painter's walls go unread; the pot-committed player can price the wall exactly |