Comments on: Game theory and salary transparency http://mindyourdecisions.com/blog/2009/04/07/game-theory-and-salary-transparency/ Articles on game theory and personal finance Tue, 22 May 2012 15:23:00 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Rajesh http://mindyourdecisions.com/blog/2009/04/07/game-theory-and-salary-transparency/comment-page-1/#comment-13718 Rajesh Sat, 24 Mar 2012 19:20:00 +0000 http://mindyourdecisions.com/blog/?p=1405#comment-13718 In a a secret ballet, each have to drop stones equal to their salary. After everyone is done they will take out stones and divide them by three. In a a secret ballet, each have to drop stones equal to their salary. After everyone is done they will take out stones and divide them by three.

]]> By: Tamza http://mindyourdecisions.com/blog/2009/04/07/game-theory-and-salary-transparency/comment-page-1/#comment-13655 Tamza Fri, 02 Mar 2012 18:25:00 +0000 http://mindyourdecisions.com/blog/?p=1405#comment-13655 If you can assume they are physically nearby: using the same font and paper write each salary on a fortune cookie-like piece of paper/ mix well/ and have a 4th person (hopefully who disinterested) do the math.   To simple? Well nobody specified that the solution needed to be complex. If you can assume they are physically nearby: using the same font and paper write each salary on a fortune cookie-like piece of paper/ mix well/ and have a 4th person (hopefully who disinterested) do the math.   To simple? Well nobody specified that the solution needed to be complex.

]]> By: PavanMS http://mindyourdecisions.com/blog/2009/04/07/game-theory-and-salary-transparency/comment-page-1/#comment-11998 PavanMS Sun, 09 Oct 2011 15:10:37 +0000 http://mindyourdecisions.com/blog/?p=1405#comment-11998 Another solution: 1.A writes his salary = A + random number 2.A asks B to add a particular number to his salary and send it to C.(C is not told what the number is). B writes his salary + random2. 3. A asks C(B does not know this) to subtract from the total, (random number)+(random2). C then gets the correct sum and finds the average. Another solution:

1.A writes his salary = A + random number

2.A asks B to add a particular number to his salary and send it to C.(C is not told what the number is).
B writes his salary + random2.

3. A asks C(B does not know this) to subtract from the total, (random number)+(random2). C then gets the correct sum and finds the average.

]]> By: Game Theory and Lying About Your Salary | Spies and Lies Blog http://mindyourdecisions.com/blog/2009/04/07/game-theory-and-salary-transparency/comment-page-1/#comment-7319 Game Theory and Lying About Your Salary | Spies and Lies Blog Wed, 15 Sep 2010 18:09:56 +0000 http://mindyourdecisions.com/blog/?p=1405#comment-7319 [...] by lancepriest Started with the intention of writing about lying during exercises with others, like this one posted on Mind Your Decisions where they do an excellent job of incorporating game theory into [...] [...] by lancepriest Started with the intention of writing about lying during exercises with others, like this one posted on Mind Your Decisions where they do an excellent job of incorporating game theory into [...]

]]> By: Benjamin Vitale http://mindyourdecisions.com/blog/2009/04/07/game-theory-and-salary-transparency/comment-page-1/#comment-5604 Benjamin Vitale Tue, 15 Sep 2009 06:04:03 +0000 http://mindyourdecisions.com/blog/?p=1405#comment-5604 Suppose you have only 2 players: A and B. Both want to know who gets more salary but they won't disclose their salaries to each other. How both can know who gets more and who gets less? Suppose you have only 2 players: A and B.
Both want to know who gets more salary but they won’t disclose their salaries to each other. How both can know who gets more and who gets less?

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