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Take this job and... Given the employment scenario described in the previous Mindscape, suppose that the companies do not consult one another about offers, so you may receive more than one offer. Suppose the first comp any calls you on the phone, offers you the job, and says you have to accept or reject it right there on the spot. You have not heard from either of the other companies yet. Do you accept or reject the offer? What if the call were from the second company? What if it were the third company? Justify your answers using expected value.
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The Heart of Mathematics: An Invitation to Effective Thinking
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