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Old 09-12-2014 | 03:24 PM
  #1801  
Timbo's Avatar
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From: Going to hell in a bucket, but enjoying the ride .
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Originally Posted by Oberon
It's not even debatable whether the DPA survey is biased. It is clearly biased and unless the authors have no familiarity with statistics they would say so themselves. Only Delta pilots who go to the DPA website participate and since not all Delta Pilots go to the DPA website it isn't representative of the pilot group. You can argue how exactly that bias affects results but you can't argue the DPA survey isn't biased...unless you have no familiarity with statistics.

For what it's worth the ALPA survey suffers from a similar bias.
To be statistically accurate, they needed a random sample, so I gave random answers...

YES!

NO!

MAYBE!

(repeat)
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Old 09-12-2014 | 04:11 PM
  #1802  
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From: ATL 330 A
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And who would trust the DPA to honestly report anything that differed from their bluster and tough talk?

Go ahead and reveal everything to the other side, I'm sure John, Heiko and Matt will love you for it. Make the line in the sand as public as the vulnerabilities.

I'm sure DAL management will make their survey results public as well...
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Old 09-12-2014 | 05:58 PM
  #1803  
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From: Record-Shattering Profit Facilitator
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Originally Posted by Starcheck102

Go ahead and reveal everything to the other side,
Let's be realistic.
"the other side" probably gets the survey results about 10 minutes after the MEC.
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Old 09-12-2014 | 06:07 PM
  #1804  
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From: Retired (mandatory age 65)
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Originally Posted by Oberon
Are you familiar with the sunk cost fallacy? It's an economic concept that basically says you should make decisions about a current situation based on what you have already invested in the situation. A classic example of the sunk cost fallacy is the "double your bet" strategy in blackjack. The theory is if you double your bet after each lost hand you will eventually come back to even. The problem is it's a terrible strategy because the odds that you run out of money before winning a hand is not zero. The money a blackjack player has given the casino doesn't change his odds of winning the next hand.

Anyway, from what I can tell your entire argument for contract improvements is (paraphrasing) that you've given enough and you want some specific part of what you've given back. That is a text book example of the sunk cost fallacy.

I've seen you accuse other posters of accepting bankruptcy as a "reset". It wasn't a reset, it was just something that happened. It certainly sucked but it has very little or nothing to do with the next contract. Bankruptcy is the lost hand in the anecdote above. You can double your bet or you can play the odds with the hand you are dealt. In the case of the next contract the odds are favorable.
I'm not suggesting I be paid back for the $1 million I estimate I've contributed to date to Delta's recovery from bankruptcy. I'm only suggesting that circumstances no longer warrant bankruptcy style compensation and that it should be made right going forward.

This isn't gambling, it's our careers.
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Old 09-12-2014 | 06:20 PM
  #1805  
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From: Record-Shattering Profit Facilitator
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Originally Posted by Oberon
Are you familiar with the sunk cost fallacy? .
You're either part of the problem, or part of the solution.

From the few posts I've seen from you, I'm going to put you down as part of the problem.
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Old 09-12-2014 | 06:46 PM
  #1806  
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Originally Posted by Purple Drank
Let's be realistic.
"the other side" probably gets the survey results about 10 minutes after the MEC.
Close.

They get it from the DALPA admin, then the MEC sees it much later.
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Old 09-12-2014 | 06:58 PM
  #1807  
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Originally Posted by Purple Drank
Let's be realistic.
"the other side" probably gets the survey results about 10 minutes after the MEC.
Let's be realistic. You are lying. Again.
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Old 09-12-2014 | 09:09 PM
  #1808  
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Originally Posted by DAL 88 Driver
I'm not suggesting I be paid back for the $1 million I estimate I've contributed to date to Delta's recovery from bankruptcy. I'm only suggesting that circumstances no longer warrant bankruptcy style compensation and that it should be made right going forward.

This isn't gambling, it's our careers.
The blackjack anecdote was just that. Sunk costs are a real thing and if you are making decisions based on your sunk cost you are using irrelevant information and likely bad decisions.

The goal in any contract is to get the best deal possible. Whether that deal lines up with your previous investment into the situation is coincidental.
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Old 09-12-2014 | 09:11 PM
  #1809  
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From: 757/767
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Originally Posted by Purple Drank
You're either part of the problem, or part of the solution.

From the few posts I've seen from you, I'm going to put you down as part of the problem.
OK. Why am I part of the problem. Back up your statement with...something.
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Old 09-12-2014 | 11:26 PM
  #1810  
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Joined: Jul 2009
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From: Lowest Pay I Could Find
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Originally Posted by Oberon
Are you familiar with the sunk cost fallacy? It's an economic concept that basically says you should make decisions about a current situation based on what you have already invested in the situation. A classic example of the sunk cost fallacy is the "double your bet" strategy in blackjack. The theory is if you double your bet after each lost hand you will eventually come back to even. The problem is it's a terrible strategy because the odds that you run out of money before winning a hand is not zero. The money a blackjack player has given the casino doesn't change his odds of winning the next hand.

Anyway, from what I can tell your entire argument for contract improvements is (paraphrasing) that you've given enough and you want some specific part of what you've given back. That is a text book example of the sunk cost fallacy.

I've seen you accuse other posters of accepting bankruptcy as a "reset". It wasn't a reset, it was just something that happened. It certainly sucked but it has very little or nothing to do with the next contract. Bankruptcy is the lost hand in the anecdote above. You can double your bet or you can play the odds with the hand you are dealt. In the case of the next contract the odds are favorable.
That is a really poor analogy. The past and present contributions are better viewed as a good faith investment in your company rather than a write down on an accounting sheet. While I agree sometimes you don't get back what you give, your INVESTMENTS in you career are not just inputs on a balance sheet at the end of the day.
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