Problem 1 A miser can make 1 cigarette from 5 cigarette butts. What is the most number of cigarettes the miser can make from 1,000 cigarette butts? Problem 2 I have posted about this…

- 1 month, 2 days, 9 hours, 6 minutes ago# Mind Your Decisions

## BuzzFeed’s Cookie Math Problem Is Wrong

Yesterday BuzzFeed posted a “simple cookie math problem” that already has over 400,000 views. You can try out the quiz to see how you do: Can You Solve This Simple Cookie Math…

- 1 month, 3 days, 3 hours, 13 minutes ago## Possible “Major Breakthrough” In Game Theory: Discrete And Bounded Envy-Free Cake Cutting Protocol

What is the fairest way to split the bill? How should an estate be divided amongst heirs? How can two siblings divide a peanut butter sandwich? These are all examples of a game theory topic…

- 1 month, 1 week, 1 day, 3 hours, 27 minutes ago## The 3 Card Riddle – Sunday Puzzle

I previously ran a similar problem in a post about 3 coins. This post includes a video which also presents a numerical simulation to demonstrate the theoretical calculation. I have a 3…

- 1 month, 1 week, 2 days, 8 hours, 13 minutes ago## The Flower Math Problem – Chinese Kindergarten Test Question Stumps Adults

Allegedly this problem comes from a test given to a Chinese kindergarten class (5 year olds). It caused a stir after it was posted online, with many adults debating the answer, some saying…

- 1 month, 1 week, 5 days, 5 hours, 15 minutes ago## Why Do Companies Pay $7 Billion To Help You Save On Prescription Drugs? A Tragedy Of The Commons – Game Theory Tuesdays

image by StockMonkeys.com via flickr. CC BY 2.0 Let’s say you get a physical and your doctor recommends a cholesterol lowering medicine. You can either be on a brand name drug or a…

- 1 month, 2 weeks, 1 day, 1 hour, 39 minutes ago## This Marriage Logic Puzzle Stumps 80 Percent. Sunday Puzzle

Alice is looking at Bob, and Bob is looking at Charlie. Alice is married and Charlie is unmarried. Is a married person looking at an unmarried person? A) Yes B) No C) Cannot be determined…

- 1 month, 2 weeks, 2 days, 10 hours, 48 minutes ago## Shuffling Cards Probability Riddle – Sunday Puzzle

You open a brand new deck of cards, and the cards are arranged in increasing order by the suits hearts, clubs, diamonds, and spades. The 10th card, for example, is the 10 of hearts. There…

- 1 month, 3 weeks, 2 days, 9 hours, 38 minutes ago
## The Game Theory Of Being FIRST! Lessons From The War Of Attrition – Game Theory Tuesdays

Seconds after posting a video on YouTube, I leave a clarifying comment. But it’s too late. In the few seconds I took to write the comment, there are already 100 views and 4 comments.…

Mind Your Decisions - 1 month, 3 weeks, 1 day, 2 hours, 18 minutes ago