Tag Archives: translation industry

Nice or nasty? Which translators finish first?

In a previous post, I looked at a phenomenon known as the Prisoner’s Dilemma. In the translation industry this is where competitors cannot resist the temptation to win more work by undercutting each other on price. Simple mathematics shows that they … Continue reading

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Collusion and betrayal in the translation industry—which do you choose?

Are translation industry players locked into a self-defeating paradigm where they end up taking actions which are against their own best economic interests? In this post, I look at the translation industry in terms of a prisoner’s dilemma—the canonical example … Continue reading

Posted in Getting paid, OpenBorder, The Multi-factor auction, Translation Industry | Tagged , , , , , , , , , | 11 Comments

Will the best and most talented translators benefit from the disruptors?

One of the few things we can count on is that “things change”. When I started out as a translator we used typewriters and listened to music on cassette tapes. We got our translations typeset on photographic paper—a revolution that … Continue reading

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Paying translators – let’s stop tearing out our hair and just fix the system!

Dear Translator, XYZ Translations is a leading language service provider in London, UK. Attached, please find a document in German which we need to have translated into US English. It is an analysis of the German market for fixed-income government bonds … Continue reading

Posted in Getting paid | Tagged , , , | 12 Comments