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Wednesday, February 21, 2007

Darden's Luckiest Student

The suspense is killing me!

The folks at Darden, our graduate school of business, used an anonymous gift as an opportunity to teach students about risk taking. A random process selected one Darden first year to participate in a "Deal or No Deal" exercise of sorts. The student would be presented with two suitcases: one with $17,500 in it (tuition) and one with nothing in it. The student could select a suitcase or opt to get a pay off of sorts from "a banker", but the amount of that pay off would be unknown.

You can watch the early rounds of the selection process on the Darden website. I couldn't tune in for the live webcast this morning, so I don't know what happened in the end! I've checked the one Darden blog I know (even the one written in Japanese), but there's no mention of the result yet.

Update: The local paper has the result. He went for the suitcases and he picked the empty one.