Originally posted by: alrocky
Originally posted by: YOyoYOhowsDAjello
Originally posted by: alrocky
Originally posted by: YOyoYOhowsDAjello
Originally posted by: alrocky
Who the heck is going to vote to receive only one coin?
The guys who know that if it goes one more round they'll get nothing
I'm greedy pirate #5! If you don't offer me a chance at least the nominally fair value of 20 gold pieces I'll vote you dead. I may be greedy and broke but you'll be dead and broke. Being greedy does not mean I'll settle for only one if the alternative is none. Being greedy means getting at least 20 and a shot of getting more than that. Being alive is more important than gettting only one coin.
But you wouldn't get another shot.
Pirate 2 would be greedy and give himself 99 and Pirate 4 one coin. You would get nothing.
Your options are 1 coin or 0 coins.
Of course this means Pirate #1 is dead because he made a bad offer. And Pirate #2 is about to meet the same fate for the same reason.
Pirate #4 is just as greedy as #5 and doesn't want just one coin. He thinks the same as me, #5, and expects to receive at least the nominally fair value of 20 gold pieces.
In fact all 5 pirates should feel that any proposal that offers less than 20 gold pieces mean death for the pirate offering such a plan.
The 'nominally fair value' for is 20 gold pieces per pirate. Because they're all greedy they'll opt for any division plan that provides a reasonable chance of them getting more than 20 gold pieces.
They should not vote "yes" for any plan that has 100% certainty of getting less than 20 gold pieces.
Senior pirate (#1) proposes they vote on a slate of several distribution plans as follows:
A) 20 each
B) 25:25:25:25:0
C) 34:33:33:0:0
D) 50:50:0:0:0
E) 100:0:0:0:0
F) 40:30:20:10:0
G ...
He lists 6 to 10 plans. The plan that receives at least 3 votes is the distribution plan and the pirates draw straws to determine their cut. (If the pirates vote 2:2:1, then the plan with only one vote is tossed and the pirates re-vote on the two plans. It can get a tad complicated if the vote is 2:1:1:1 but it can be resolved.)
The 5 straws are labeled with the gold pieces awarded as shown above in each of the plans. Plan "F" gives each pirate a 3 out of 5 chance of receiving at least 20 gold pieces, the 'nominally fair value' distribution.
They vote for the distribution scheme that matches their greed and tolerance for risk. Nobody dies.
If the original question excluded death and was re-worded that pirate #1 was just out of the running for the 100 gold, then yes, the whole crap-ola 1 gp might fly.
You don't have to start bolding stuff
I understand that the "fair" option would be to have everyone get 20 coins, but who is going to vote for that? The answer is 3, 4, and 5 would all love to get that deal since Pirate 2 is going to be very greedy and offer 1 gold to pirate #4. You can be generous and offer 20 gold to all of them, but Pirate 2 is going to vote no since if it goes one more round, he can manage to get 99. Pirate 3 will be offered nothing the next round as will 5. Pirate 4 would be offered 1 unless Pirate 2 was not greedy (but he is).
3 and 5 would vote yes since they'd get nothing the next round. 20 is better than nothing. 1 is also better than nothing and would be my offer since I am greedy.
You get 4's vote (which you dont' really need) since he will not get nearly as good an offer from greedy #2 in the next round.
Anyway...
Pirate 1 is not dead because #3 and #5 voted "YES" since the alternative is they will get nothing.
Zero gold and Death is the worst outcome for all these pirates.
Zero gold and Live is the second worst outcome
Some gold and Live is what they all want
I'm offering "Some gold and Live" to a couple of pirates that are either going to end up with "Zero gold and Live"
You can make other offers that get more than the two votes you need, but this maximizes the amount of money you will get.
Would you agree that if it came down to two pirates, #4 would say 100 for me, 0 for you?
(who would then vote for himself and win?) <-- maximum profit for himself, he wants to get to this point.
Would you agree that if it came down to three pirates, #3 would say 99 for me, and 1 for #5?
#3 gives one gold to #5 since #5 knows that in the next round, he'll get nothing from #4.
Getting some gold and living is better than getting zero gold and living. Since #3 is greedy, he offers the lowest amount greater than #5 so that this offer is better than going to the next round. So, he offers one gold. <-- maximum profit for #3, he wants to get to this point.
Would you agree that if it came down to four pirates, #2 would say 99 for me, and 1 for #4?
#4 knows that if it goes one more round, he's not getting any of the gold. His options are vote now and get one gold, or vote no to the 1 gold offer and get no gold at all.
Now we come to the original problem. In this situation we know that if it goes one more round, #2 is going to be at maximum profit, so he wants the deal to go through. Due to the previous reasons, #4 is going to vote yes in the next round as long as he gets more than zero gold from #2's offer.
#3 and #5 are going to get screwed the next round and get nothing when #2 and #4 vote yes.
Their choice is vote "No" and get zero gold and live or I can offer them some gold and live as their option in my deal. Since I'm greedy, I'll offer them one each.