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Re:Salary Negotiation by antisthenes on Friday June 03, 2016 @01:05PM (#11831569)
According to standard economic theory though, the fact that someone says "I'm worth $X to them" is completely irrelevant and, because the transaction never happened, never becomes data. That's how market rate is determined and generally why D/S curves only have 1 intersection point - the point at which the transaction occurs.

The only data point that matters is the one where you got hired and started receiving paychecks, all others are not factors at all.

Re:Salary Negotiation by baddox on Friday June 03, 2016 @01:48PM (#11831906)
> According to standard economic theory though, the fact that someone says "I'm worth $X to them" is completely irrelevant and, because the transaction never happened, never becomes data.

I don't understand that. If an employer offers $X, I'd say that means the applicant was worth at least that much to the employer, assuming the job offer was legitimate. I suspect it's fairly rare to get an offer for $X, only to find out that the employer was lying and won't actually pay that much.