[youtube]http://www.youtube.com/watch?v=TNHsV5Eo5qg[/youtube]

bummed out.....can't see the supermoon because of all the rain

kruker wrote:[youtube]http://www.youtube.com/watch?v=TNHsV5Eo5qg[/youtube]

dude.

i cant believe you posted this.

this girl i used to work with, who i was madly in love with, used to talk about these guys all of the time. she knew a few of the guys in the band.

I know all of them. The one guy, Marc (in the video he's the guy in the kilt on the left), is from my hometown. He grew up down the street from my three of my best friends. Whenever they'd play in Schuylkill County, they'd come back to my friends' parents' place (bar in the basement) and drink with all of us. That's been since we were all 16 or 17.

I went home last weekend and me and my friend were at his sister's place and she told us about Patrick (the lead singer) dying in a car crash in Vermont. I've been pretty down about that for the last few days.

kruker wrote:I know all of them. The one guy, Marc (in the video he's the guy in the kilt on the left), is from my hometown. He grew up down the street from my three of my best friends. Whenever they'd play in Schuylkill County, they'd come back to my friends' parents' place (bar in the basement) and drink with all of us. That's been since we were all 16 or 17.

I went home last weekend and me and my friend were at his sister's place and she told us about Patrick (the lead singer) dying in a car crash in Vermont. I've been pretty down about that for the last few days.

damn, i didnt know about that. that sucks

His brother did a great, and spot on, memorial song for him.

link

I did try game theory and rational choice. And you're right, even when I tried to use those terms in a search and hone in, I was still getting way too many results.

I tried searching for terms earlier today after Cole left the game. Really the problem is that I'm not familiar enough with the terminology to get a good search.

kruker wrote:I did try game theory and rational choice. And you're right, even when I tried to use those terms in a search and hone in, I was still getting way too many results.

I tried searching for terms earlier today after Cole left the game. Really the problem is that I'm not familiar enough with the terminology to get a good search.

I deleted my message because I was reading this thread in reverse and saw someone already gave you the more specific ultimatum game. Is Freakonomics well referenced? You maybe could chase down some references that way.

[youtube]http://www.youtube.com/watch?v=_xstaaW7w2E[/youtube]

[youtube]http://www.youtube.com/watch?v=4oCNYQcttuc&feature=related[/youtube]

[youtube]http://www.youtube.com/watch?v=5ocYyZUYP8o&feature=related[/youtube]


The song "Friends with Benefits" is worth searching out

TenuredVulture wrote:

kruker wrote:I did try game theory and rational choice. And you're right, even when I tried to use those terms in a search and hone in, I was still getting way too many results.

I tried searching for terms earlier today after Cole left the game. Really the problem is that I'm not familiar enough with the terminology to get a good search.

I deleted my message because I was reading this thread in reverse and saw someone already gave you the more specific ultimatum game. Is Freakonomics well referenced? You maybe could chase down some references that way.

I forget how well it was referenced. I did send out a few emails from my school account to professors who I thought might be able to point me in the direction of something pertinent, but so far no replies. Shocking.

smitty wrote:

Barry Jive wrote:

phatj wrote:

Barry Jive wrote:list of board members i'd ask to make me a sandwich, in order of hypothetical deliciousness of the sandwich:

1. phatj

What do you like on your sandwich?

My favorite sandwiches are pork-related. Either roast pork (DiNic's, Tony Luke's, John's, Nick's Roast Beef are all phenomenal) or pulled pork, for which there's not a great representation in Philadelphia.

However, if we're talking a regular sandwich that people can make with regular old lunch meat, I'm a turkey fan.

I don't really care all that much about the silly lists on this list except for your sandwich list. I make pulled pork and turn it into awesome pulled pork sammiches.

I can't believe you left me off the sandwich list, Boomer. I'm going to say it's a spring training thing and you were working on things so you just missed me.

i pretty much pulled that list out my ass. if i'd had time to audit board members for their sandwich qualities, i'm sure your pulled pork would have come out on or near the topl

There's a rooster living in Cooper River Park.

kruker, i'm trying to understand your thesis. You want to compensate for below median performance? What's the incentive then? "Oh well, this is good enough. I'm not gonna break my balls for just another couple G's".

I know there's a thesis out there that says top performers are overcompensated when compared to the next tier. Sort of like for the price of one ARod you could have 3 JRolls. It applies among CEOs, and other fields as well. I don't know what it has to do with the ultimatum game.

Barry Jive wrote:

smitty wrote:

Barry Jive wrote:

phatj wrote:

Barry Jive wrote:list of board members i'd ask to make me a sandwich, in order of hypothetical deliciousness of the sandwich:

1. phatj

What do you like on your sandwich?

My favorite sandwiches are pork-related. Either roast pork (DiNic's, Tony Luke's, John's, Nick's Roast Beef are all phenomenal) or pulled pork, for which there's not a great representation in Philadelphia.

However, if we're talking a regular sandwich that people can make with regular old lunch meat, I'm a turkey fan.

I don't really care all that much about the silly lists on this list except for your sandwich list. I make pulled pork and turn it into awesome pulled pork sammiches.

I can't believe you left me off the sandwich list, Boomer. I'm going to say it's a spring training thing and you were working on things so you just missed me.

i pretty much pulled that list out my ass. if i'd had time to audit board members for their sandwich qualities, i'm sure your pulled pork would have come out on or near the topl

No problem bud. Working on pulling things out the ass right now. You'll be ready by opening day. Plus, you have the closer mentality.

I feel like I've been giving Barry a lot of "this is how it'll be for you in six years" kind of advice today.

Flowers in her hair, flowers everywhere...

Bakestar wrote:I feel like I've been giving Barry a lot of "this is how it'll be for you in six years" kind of advice today.

I was just gonna say something about this. Today has been very sobering, both literally and figuratively.

Barry Jive wrote:

Bakestar wrote:I feel like I've been giving Barry a lot of "this is how it'll be for you in six years" kind of advice today.

I was just gonna say something about this. Today has been very sobering, both literally and figuratively.

Plops

Bucky wrote:kruker, i'm trying to understand your thesis. You want to compensate for below median performance? What's the incentive then? "Oh well, this is good enough. I'm not gonna break my balls for just another couple G's".

Well....you do get more for over median performance. Typically equity grants are given as threshold, target and max payout levels. When a company uses a relative performance metric, the target payout usually is set at the median, so there is an incentive to perform better than average. What I'm concerned with is the scenario where executives see, sometime in the second half of the year, that they aren't going to be at the median and either start taking wild risks or lose the incentive to work.

I think incremental payouts solve this problem. I'd like to argue, if I can find the right studies, that compensation shouldn't just be about equitable pay, as I think is usually the case, but about equitable pay and risk mitigation. This is usually handled through the use of different performance metrics so an executive has other incentives to keep working or not go crazy, but I have seen enough instances where their equity awards are based on a single metric to want to go a little deeper.