Due to budgetary constraints, the
managing director of a climate research institute decided that the
salaries had to be cut somewhat. She summoned all researchers and
told them that, unfortunately, the current 5%-95% salary range of 1500-4500 €/month would have to be adjusted to 1200-3900 €/month. Their reaction was lukewarm. Each believed that their
earnings lied somewhere in the middle of the range, and so the cut that
each one had to suffer would probably be not as large as they once fretted. However, when they were about to sign the agreement, the
managing director whispered:
well, .. you know that the wage distribution is not symmetrical and that the most likely wage, that so far was 3000 €/month, will turn to be 2000 €/month in the future.
well, .. you know that the wage distribution is not symmetrical and that the most likely wage, that so far was 3000 €/month, will turn to be 2000 €/month in the future.
- "What ? This is something completely
different ! " one exclaimed.
- " Let us negotiate until the 7th IPCC
report ! " another suggested. "Perhaps the numbers may have changed by then".