Journal of Economic Perspectives: Vol. 3 No. 1 (Winter 1989)
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Puzzles: The Other Person's Envelope Is Always Greener
Nalebuff, Barry. 1989. "Puzzles: The Other Person's Envelope Is Always Greener." Journal of Economic Perspectives, 3(1): 171-181.
The Puzzles feature in this issue is devoted to answering a puzzle that appeared in the Spring 1988 issue: "The Other Person's Envelope is Always Greener." The response to this puzzle was overwhelming. Below, I recap the problem and then discuss the myriad of proposed solutions.
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026: Game Theory and Bargaining Theory
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