Michael Lewis and the parable of the lucky man taking the extra cookie (2017)
kottke.org
kottke.org
[0] https://web.archive.org/web/20120915145553/https://gsbapps.s...
The graph is also scaled awkwardly, starting at .5
It's not a methodological issue. (The methodology itself, of course, has potential issues as well, e.g. as with the "luxury car" categorization.) It's foundational: can you really say, in a culture-independent way, that "higher socioeconomic class translates to more antisocial behavior?" Not without big caveats.
EDIT: I read that wrong. In men is less correlated with power than in women, not inversely correlated.
Imagine yourself in the situation of the leader and think about what you would do. Would you greedily grab the cookie and eat it "with gusto"? Or would you maybe propose any of the blindingly obvious and more fair solutions that immediately leap to mind - break the cookie into 3 equal pieces (duh), draw straws for it, rock paper scissors, ask politely if anyone else wants it, you know, like anything that a normal human being in a non-made-up story might do.
https://web.archive.org/web/20120915145553/https://gsbapps.s...
https://thenewstatistics.com/itns/2019/05/22/the-cookie-mons...
It also doesn't claim anything like the effect that Lewis is talking about in his speech. The people in power ate, on average 1.25 cookies, which is not consistent with every single one greedily devouring the extra cookie. It also has 5 cookies for 3 people, so that at least one person could take an extra cookie without the social stigma of being the one who grabs the last cookie.
I've never consistently seen the "highest ranking" in board rooms, meetings, whatever consistently taking the last sandwich, cookie or whatever was only one left of.
This feels like one of those things that is referenced in a dozen papers but has never been replicated.
Whereas if you "highest ranking" person you think you are deserving and expect more grace from yourself
But what I find troubling is the massive extrapolation that happens next:
> This experiment helps to explain Wall Street bonuses and CEO pay, and I’m sure lots of other human behavior.
I'm not saying there is or there is not something wrong with CEO compensation. But doing an extrapolation to the scale of CEO pay is just nuts.
Would you step on an ant if somebody paid you 50 bucks? Ah then you could also be a hitman.
in this isolated experiment the entire organization consists of 3 persons, one of them a leader, and 4 sandwiches.
real world orgs are much more complex, and sandwiches take many subtle forms
If you have three developers working for your company, all equally contributing effort but:
1. One lives in US, one from Eastern Europe, one in India.
I think we might find, more often than not, we don't divide the cookies equally among those developers and one of them quite greedily eats more than their fair share over and over.
We do a lot of things in life that we attribute to being "deserved" but none more flagrantly unequal than the seemingly arbitrary income disparity of country of residence.
Michael Lewis: Don't Eat Fortune's Cookie - https://news.ycombinator.com/item?id=4065233 - June 2012 (180 comments)
Also:
Michael Lewis and the parable of the lucky man taking the extra cookie (2017) - https://news.ycombinator.com/item?id=16408758 - Feb 2018 (111 comments)
Keanu Reeves is Too Good for This World - https://www.newyorker.com/culture/culture-desk/keanu-reeves-...
What the Bagel Man Saw (2004): https://news.ycombinator.com/item?id=28327228
Success and Luck: Good Fortune and the Myth of Meritocracy, Robert H. Frank [https://www.jstor.org/stable/j.ctvc77k7k] Great read, entertaining and insightful, many anecdotes, and also simulation results.
The Tyranny of Merit: What’s Become of the Common Good?, Michael Sandel (of Harvard ethics YouTube superstar fame) [https://www.harvardmagazine.com/2020/09/montage-michael-sand...] Still on my agenda. Podcast with the author and Sam Harris: [https://samharris.org/podcasts/221-success-failure-common-go...]
I only have two pieces of advice: 1. If you're the one with the extra cookie, just eat it, everybody expects you to do that anyway; 2. If you're the one without the extra cookie, just grab it, then eat it, see 1.
Well if one wants to be cynical that's how big fortunes and generally big advantages to self happen.
That is behaving selfishly and somehow manage to avoid repercussions.
Just two examples from stuff that is in the news these days:
1) The grift happened during the War on terror (especially 2001-2010) which somehow was never investigated
2) Members of the rock band "The Rolling Stones" . They cumulatively slept with thousands of married women and women in relationships. They all somehow managed to avoid the husbands and boyfriends looking for their wives. Most of them had homicidal intent against Mick Jagger and their unfaithful wife.
That bit made me suspect the study - that the "leader" ate the cookie is believable, that they did so in a semi-vindictive manner is not believable.
I want to see the actual study.
https://www.gsb.stanford.edu/faculty-research/working-papers...
In short, it doesn't address the concerns I list in my post.