I think without observing how the distribution changes when it's 25 or 0.25 or 250 per tails flip the results is pretty useless. For many participants the amount of money just doesn't worth lying for, for others it does.
Normally avoid the TEDx videos. Alexander did them good though. The graph didn't really seem to suggest the same idea he was proposing though did it? Just eyeballing the graph he is suggesting that maybe 33% lied. Really I would think we might need to disregard the very top end from the start for the simple fact that they are not leaving any money on the table an can stay honest. So 30% are lying. Where did we get 25% of value reduction. Would have been nice if it was longer.
There’s a 6.25% chance of truthfully getting 4/4 but about 33% claimed 4/4. Subtract 6.25% from 33% to get a rough idea of who lied. 26.75% lied (roughly)
Good talk. Now we know more about the truth of honesty. Thankfully I’m honest the vast majority of the time.
Superb. Wonderful presentation 👏 👌
Honesty is the best policy.
Nice point about honesty
I think without observing how the distribution changes when it's 25 or 0.25 or 250 per tails flip the results is pretty useless. For many participants the amount of money just doesn't worth lying for, for others it does.
The fact that we need to talk about this in the first place is shameful!! This is supposed to be standard
Wow ! Great
HARD was here.
Normally avoid the TEDx videos. Alexander did them good though. The graph didn't really seem to suggest the same idea he was proposing though did it? Just eyeballing the graph he is suggesting that maybe 33% lied. Really I would think we might need to disregard the very top end from the start for the simple fact that they are not leaving any money on the table an can stay honest. So 30% are lying. Where did we get 25% of value reduction. Would have been nice if it was longer.
There’s a 6.25% chance of truthfully getting 4/4 but about 33% claimed 4/4. Subtract 6.25% from 33% to get a rough idea of who lied. 26.75% lied (roughly)
@@whomtheyspeakof1090 Well thats understandable. Thanks for the clarification.
Being Honest, theres really nothing honest about it. Now is there?