From: Daniel Reeves dreeves@umich.edu
Date: Wed, Apr 20, 2011 at 12:53
Subject: loop holes for weight loss contracts
Bethany and Laurie each have $5k at risk on a weight loss contract
that ends May 5.
But Laurie is leaving for Europe 2 weeks before that and Bethany (not
coincidentally) is leaving for Europe 4 days before that.
The question: is it too weaselly a loophole for them to use the
Vacation Clause of their contracts to just declare victory on the day
they depart?
Here’s the clause in question:
You can choose not to report up to 3 weeks (needed for vacations when you’re without your scale), but on the 22nd day after your last recorded data point, you have to report.
Not reporting at that time will result in loss by default.
The 3 weeks allowance gives the opportunity also in case you choose to let things go a little with plans to work really hard when you return.
NOTE: this is NOT recommended. Use your commitment to prove that vacations don’t have to spell disaster for your weight since you can make smart choices and still have fun.
It’s in your interest to report as often as possible as this allows beeminder to reflect your widest road possible, giving you more room to fluctuate without going off the road.
Can we have a verdict from the contract owners? (David Yang, David
Reiley, and Steven)
Possibly relevant: May 5 was actually chosen as the contract end date
because it’s my grandma’s 90th birthday, which is the occasion for the
vacation. So it’s arguably in the spirit of the contract for it to end
when they depart. And arguably within the letter of the contract since
the contract fails to specify what should happen if you invoke the
vacation clause within 3 weeks of the end date. On the other hand,
the first thing the contract says is “I promise not to weasel!”
I propose a compromise: Allow the early declaration of victory under
the condition that they both put the $5k back at risk on a new yellow
brick road when they return (with the same terms and with David,
David, and Steven still owning the contracts).
And, actually, speaking of commitments, Bethany committed not to leave
on this vacation if we don’t have the new Beeminder launched before
then. We’re getting close!
–
http://dreev.es – search://“Daniel Reeves”
Follow the Yellow Brick Road – http://beeminder.com
–
http://dreev.es – search://“Daniel Reeves”
Follow the Yellow Brick Road – http://beeminder.com