Comments on: Dealing With an Auto Mechanic and the Principal-Agent Problem http://mindyourdecisions.com/blog/2008/02/05/game-theory-tuesdays-getting-someone-to-cooperate/ Articles on game theory and personal finance Thu, 09 Feb 2012 18:20:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: A Day in the Life of a Game Theorist: A Tribute to One Year of Game Theory Tuesdays - Mind Your Decisions http://mindyourdecisions.com/blog/2008/02/05/game-theory-tuesdays-getting-someone-to-cooperate/comment-page-1/#comment-9504 A Day in the Life of a Game Theorist: A Tribute to One Year of Game Theory Tuesdays - Mind Your Decisions Sat, 20 Aug 2011 06:03:53 +0000 http://mindyourdecisions.com/blog/2008/02/05/game-theory-tuesdays-getting-someone-to-cooperate/#comment-9504 [...] Your blog is awesome. I love your fresh insight and the obvious intelligence of your readers. Joon in Dealing with the Principal Agent Problem at the Auto Mechanic (link) [...] [...] Your blog is awesome. I love your fresh insight and the obvious intelligence of your readers. Joon in Dealing with the Principal Agent Problem at the Auto Mechanic (link) [...]

]]> By: Make Money By Assuming the Best (Rationality) but Allowing for the Worst (Irrationality) - Mind Your Decisions http://mindyourdecisions.com/blog/2008/02/05/game-theory-tuesdays-getting-someone-to-cooperate/comment-page-1/#comment-8970 Make Money By Assuming the Best (Rationality) but Allowing for the Worst (Irrationality) - Mind Your Decisions Wed, 10 Aug 2011 04:09:42 +0000 http://mindyourdecisions.com/blog/2008/02/05/game-theory-tuesdays-getting-someone-to-cooperate/#comment-8970 [...] I discussed the principal-agent problem two weeks ago, I explained the model and why it’s important. I gave a concrete example where [...] [...] I discussed the principal-agent problem two weeks ago, I explained the model and why it’s important. I gave a concrete example where [...]

]]> By: Game theory at Denny’s - Mind Your Decisions http://mindyourdecisions.com/blog/2008/02/05/game-theory-tuesdays-getting-someone-to-cooperate/comment-page-1/#comment-6375 Game theory at Denny’s - Mind Your Decisions Thu, 11 Mar 2010 08:21:54 +0000 http://mindyourdecisions.com/blog/2008/02/05/game-theory-tuesdays-getting-someone-to-cooperate/#comment-6375 [...] issue at hand is the principal-agent problem between Denny’s management and its wait staff. The management wants waiters to offer good [...] [...] issue at hand is the principal-agent problem between Denny’s management and its wait staff. The management wants waiters to offer good [...]

]]> By: Bill Bo http://mindyourdecisions.com/blog/2008/02/05/game-theory-tuesdays-getting-someone-to-cooperate/comment-page-1/#comment-4619 Bill Bo Sat, 14 Feb 2009 18:58:54 +0000 http://mindyourdecisions.com/blog/2008/02/05/game-theory-tuesdays-getting-someone-to-cooperate/#comment-4619 I'm not sure if you made this coupon story up to prove a point but, you were wrong regardless. If i go to the grocery store and tell the clerk oh i saw this coupon online for this orange juice id would like to use it. If you need the code i can call my girlfriend at home I'm sure she'll read it to me. Now if he says no to you he's not ignoring his responsibilities he's enforcing the rules. We own a restaurant and the customers that come in with coupon, split a breakfast, and put it on a discover card, are not the customers we want. If i had owned that shop I would tell you were you could buy more ink for your printer. I’m not sure if you made this coupon story up to prove a point but, you were wrong regardless. If i go to the grocery store and tell the clerk oh i saw this coupon online for this orange juice id would like to use it. If you need the code i can call my girlfriend at home I’m sure she’ll read it to me.

Now if he says no to you he’s not ignoring his responsibilities he’s enforcing the rules. We own a restaurant and the customers that come in with coupon, split a breakfast, and put it on a discover card, are not the customers we want.

If i had owned that shop I would tell you were you could buy more ink for your printer.

]]> By: Danny http://mindyourdecisions.com/blog/2008/02/05/game-theory-tuesdays-getting-someone-to-cooperate/comment-page-1/#comment-915 Danny Fri, 15 Feb 2008 01:02:02 +0000 http://mindyourdecisions.com/blog/2008/02/05/game-theory-tuesdays-getting-someone-to-cooperate/#comment-915 @Presh: You caught me! I'm not too worried about that unless you start doing some game-theory analysis on me. @Presh: You caught me! I’m not too worried about that unless you start doing some game-theory analysis on me.

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