View Poll Results: What is your proposal?

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  • $100 to me, $0 to player B

    4 7.02%
  • $99 to me, $1 to player B

    3 5.26%
  • $90 to me, $10 to player B

    1 1.75%
  • $80 to me, $20 to player B

    1 1.75%
  • $70 to me, $30 to player B

    2 3.51%
  • $60 to me, $40 to player B

    7 12.28%
  • $50 to me, $50 to player B

    36 63.16%
  • $40 to me, $60 to player B

    3 5.26%
  • $30 to me, $70 to player B

    0 0%
  • $20 or less to me, $80 or more to player B

    0 0%
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Thread: Hypothetical: $100 Game

  1. #41
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    Re: Hypothetical: $100 Game

    Quote Originally Posted by CaptainCourtesy View Post
    My initial premise is that of cold, calculation with no psychology. Just numbers. With that in mind, both people gain from the 99/1 split, and since Person A has the control, of course that person should choose the $99. Both win. "Fairness" is irrelevant without human psychology. But you bring up a good point, and this is why "classical" versions of certain economic theories such as socialism, communism, anarchism, and libertarianism do not work.
    The 99/1 is still not logical though because of the utility value of the 1 dollar and the parameters of the game.
    Economics is irrelevant without the the involvement of humans.

    I'm not completely able to word my argument at the moment, let me think on it.
    I think this game is somewhat of a veiled attack and the application of fairness in the game is assumed to reject many economic philosophies, which isn't true at all.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
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  2. #42
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    Re: Hypothetical: $100 Game

    Quote Originally Posted by Harry Guerrilla View Post
    The 99/1 is still not logical though because of the utility value of the 1 dollar and the parameters of the game.
    Economics is irrelevant without the the involvement of humans.

    I'm not completely able to word my argument at the moment, let me think on it.
    I think this game is somewhat of a veiled attack and the application of fairness in the game is assumed to reject many economic philosophies, which isn't true at all.
    I already figured out this was a "trap" thread on the concept of fairness. It was pretty well played as I didn't figure it out until today, and I'm usually pretty quick at figuring out "trap" threads. It's a good exercise in examining the difference between theory and real world application.
    "Never fear. Him is here" - Captain Chaos (Dom DeLuise), Cannonball Run

    ====||:-D

    Quote Originally Posted by Wiseone View Post
    This is what I hate about politics the most, it turns people in snobbish egotistical self righteous dicks who allow their political beliefs, partisan attitudes, and 'us vs. them' mentality, to force them to deny reality.

    Quote Originally Posted by Navy Pride View Post
    You can't paint everone with the same brush.......It does not work tht way.


    Quote Originally Posted by Wessexman View Post
    See with you around Captain we don't even have to make arguments, as you already know everything .
    Quote Originally Posted by CriticalThought View Post
    Had you been born elsewhere or at a different time you may very well have chosen a different belief system.
    Quote Originally Posted by ernst barkmann View Post
    It a person has faith they dont need to convince another of it, and when a non believer is not interested in listening to the word of the lord, " you shake the dust from your sandels and move on"

  3. #43
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    Re: Hypothetical: $100 Game

    Quote Originally Posted by Tucker Case View Post
    Without feelings, the money has no value. Money's value stems directly form psychology, so there's no way to remove human psychology from this situation.
    Not true. From a mathematical perspective, both 99 and 1 are greater than zero.
    "Never fear. Him is here" - Captain Chaos (Dom DeLuise), Cannonball Run

    ====||:-D

    Quote Originally Posted by Wiseone View Post
    This is what I hate about politics the most, it turns people in snobbish egotistical self righteous dicks who allow their political beliefs, partisan attitudes, and 'us vs. them' mentality, to force them to deny reality.

    Quote Originally Posted by Navy Pride View Post
    You can't paint everone with the same brush.......It does not work tht way.


    Quote Originally Posted by Wessexman View Post
    See with you around Captain we don't even have to make arguments, as you already know everything .
    Quote Originally Posted by CriticalThought View Post
    Had you been born elsewhere or at a different time you may very well have chosen a different belief system.
    Quote Originally Posted by ernst barkmann View Post
    It a person has faith they dont need to convince another of it, and when a non believer is not interested in listening to the word of the lord, " you shake the dust from your sandels and move on"

  4. #44
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    Re: Hypothetical: $100 Game

    Quote Originally Posted by CaptainCourtesy View Post
    I already figured out this was a "trap" thread on the concept of fairness. It was pretty well played as I didn't figure it out until today, and I'm usually pretty quick at figuring out "trap" threads. It's a good exercise in examining the difference between theory and real world application.
    I more or less knew it was but answering honestly is the best policy.

    I however don't agree with the premise of the "trap."
    It makes assumptions that are not true.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
    —Adam Shepard

  5. #45
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    Re: Hypothetical: $100 Game

    Quote Originally Posted by CaptainCourtesy View Post
    I already figured out this was a "trap" thread on the concept of fairness. It was pretty well played as I didn't figure it out until today, and I'm usually pretty quick at figuring out "trap" threads. It's a good exercise in examining the difference between theory and real world application.
    I know people who have been involved in this experiment. Its not a trap as it is something meant to bring out a discussion of human nature.

  6. #46
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    Re: Hypothetical: $100 Game

    Quote Originally Posted by CaptainCourtesy View Post
    Not true. From a mathematical perspective, both 99 and 1 are greater than zero.
    But having more of something is not always mathematically superior.

    Having 99 valueless things is not automatically mathematically superior to having 1 valueless thing, because there is really nothing of value gained by either party.

    It's just that one party has more valueless **** to get rid of in the end.

    In that case, the option that prevents having any worthless crap given to you in the first place is the one that is preferred. The one most likely to be rejected by the other party is 1/99, and thus that is mathematically superior when one removes human psychology.
    Last edited by Tucker Case; 06-14-10 at 02:41 PM.
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  7. #47
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    Re: Hypothetical: $100 Game

    Quote Originally Posted by fredmertz View Post
    I say $100/$0. What's the worse that could happen? you lose nothing and gain nothing. then why not max out your gains? You can only be rewarded in this game or have a result that would be as if though you didn't play at all.

    And I think Person B would agree to play. If a person walked up to you and said, I have $100. Would you like a 50/50 chance to win it, with no cost, who would say no? That is, in essence, what the proposal would be.
    Interesting point. Actually, you are probably correct. I am realizing that even MY premise was based on human psychology. If player A chooses $100, my position was that player B would reject that because he wouldn't be getting ANYTHING. However, by getting 0$, he wouldn't be losing anything. His position would remain as it was.

    So, from a mathematical position alone, I agree with you.
    "Never fear. Him is here" - Captain Chaos (Dom DeLuise), Cannonball Run

    ====||:-D

    Quote Originally Posted by Wiseone View Post
    This is what I hate about politics the most, it turns people in snobbish egotistical self righteous dicks who allow their political beliefs, partisan attitudes, and 'us vs. them' mentality, to force them to deny reality.

    Quote Originally Posted by Navy Pride View Post
    You can't paint everone with the same brush.......It does not work tht way.


    Quote Originally Posted by Wessexman View Post
    See with you around Captain we don't even have to make arguments, as you already know everything .
    Quote Originally Posted by CriticalThought View Post
    Had you been born elsewhere or at a different time you may very well have chosen a different belief system.
    Quote Originally Posted by ernst barkmann View Post
    It a person has faith they dont need to convince another of it, and when a non believer is not interested in listening to the word of the lord, " you shake the dust from your sandels and move on"

  8. #48
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    Re: Hypothetical: $100 Game

    Quote Originally Posted by Tucker Case View Post
    But having more of something is not always mathematically superior.

    Having 99 valueless things is not automatically mathematically superior to having 1 valueless thing, because thee is really nothing gained by either party parties.

    It's just that one party has more valueless **** to get rid of in the end.

    In that case, the option that prevents having worthless crap given to you is the one that is most likely to be rejected by the other party, thus 1/99 is superior.
    You are assigning value to the numbers. I am not. Arithmetically, 99>1, and anything>0. The numbers are neither have value OR are valueless.
    "Never fear. Him is here" - Captain Chaos (Dom DeLuise), Cannonball Run

    ====||:-D

    Quote Originally Posted by Wiseone View Post
    This is what I hate about politics the most, it turns people in snobbish egotistical self righteous dicks who allow their political beliefs, partisan attitudes, and 'us vs. them' mentality, to force them to deny reality.

    Quote Originally Posted by Navy Pride View Post
    You can't paint everone with the same brush.......It does not work tht way.


    Quote Originally Posted by Wessexman View Post
    See with you around Captain we don't even have to make arguments, as you already know everything .
    Quote Originally Posted by CriticalThought View Post
    Had you been born elsewhere or at a different time you may very well have chosen a different belief system.
    Quote Originally Posted by ernst barkmann View Post
    It a person has faith they dont need to convince another of it, and when a non believer is not interested in listening to the word of the lord, " you shake the dust from your sandels and move on"

  9. #49
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    Re: Hypothetical: $100 Game

    I say $100/$0. What's the worse that could happen? you lose nothing and gain nothing. then why not max out your gains? You can only be rewarded in this game or have a result that would be as if though you didn't play at all.

    And I think Person B would agree to play. If a person walked up to you and said, I have $100. Would you like a 50/50 chance to win it, with no cost, who would say no? That is, in essence, what the proposal would be.

  10. #50
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    Re: Hypothetical: $100 Game

    Quote Originally Posted by Tucker Case View Post
    But having more of something is not always mathematically superior.

    Having 99 valueless things is not automatically mathematically superior to having 1 valueless thing, because there is really nothing of value gained by either party.

    It's just that one party has more valueless **** to get rid of in the end.

    In that case, the option that prevents having any worthless crap given to you in the first place is the one that is preferred. The one most likely to be rejected by the other party is 1/99, and thus that is mathematically superior when one removes human psychology.
    When you remove human psychology, the answer is 0 because no humans are around to play the game.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
    —Adam Shepard

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