Three people enter a room and have a green or blue hat placed on their heads. They cannot see their own hat but can see the other hats.
The colour of each hat is purely random. They could all be green, blue, or any combination of green and blue.
They need to guess their own hat colour by writing it on a piece of paper, or they can write 'pass'.
They cannot communicate with each other in any way once the game starts. But they can have a strategy meeting before the game.
If at least one of them guesses correctly they win $10,000 each, but if anyone guesses incorrectly they all get nothing.
What is the best strategy?
Three people check into a hotel. They pay $60 for the rent of the room. After they check-in, the manager realize that the rent for the room is $55. So, he gives $5 to the bellboy and asks him to give it to them. The bellboy thinks that it will be difficult for the three people to share $5 among them and seeking the personal benefit, he pockets $2 and gives the remaining $3 to them.
Now, each person paid $20 and got back $1. In this manner, each of them paid just $19 which totals to the amount of $57. The bellboy has $2 with him and adding them, we get $59. So where is the remaining $1?
The day before the 1996 U.S. presidential election, the NYT Crossword contained the clue “Lead story in tomorrow’s newspaper,” the puzzle was built so that both electoral outcomes were correct answers, requiring 7 other clues to have dual responses.
