1996-07-26 - Re: Twenty Bank Robbers – Game theory:)

Header Data

From: Frank Willoughby <frankw@in.net>
To: cypherpunks@toad.com
Message Hash: 6a9e9508a3630eeeb3c9921e50eba1e96b6fdd4ff0f7a29f9d8ed44cdfbdb442
Message ID: <9607261146.AA09833@su1.in.net>
Reply To: N/A
UTC Datetime: 1996-07-26 15:59:58 UTC
Raw Date: Fri, 26 Jul 1996 23:59:58 +0800

Raw message

From: Frank Willoughby <frankw@in.net>
Date: Fri, 26 Jul 1996 23:59:58 +0800
To: cypherpunks@toad.com
Subject: Re: Twenty Bank Robbers -- Game theory:)
Message-ID: <9607261146.AA09833@su1.in.net>
MIME-Version: 1.0
Content-Type: text/plain



>> Twenty cypherpunks robbed a bank. They took 20 million bucks. Here's
>> how they plan to split the money: they stay in line, and the first guy
>> suggests how to split the money. Then they vote on his suggestion. If
>> 50% or more vote for his proposal, his suggestion is adopted.
>> Otherwise they kill the  first robber and now it is the turn of guy #2
>> to make another splitting proposal. Same voting rules apply.

Perhaps I'm missing something, but it seems to me that first person in 
line (#1) would say propose that the first 11 people in line each receive 
a split of 1/11 of the 20 million and that since this doesn't come out 
exactly even, that he (#1) would make up the few cents difference out of 
his share (a small price to pay to keep alive).

This would probably get the votes of the first 11 people.  
Results:
o First 11 people split the money (last 9 get zip)
o All live.

Best Regards,


Frank
Any sufficiently advanced bug is indistinguishable from a feature.
	-- Rich Kulawiec

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