The Wallet Paradox Revisited

The Wallet Paradox Revisited

In any two-person, zero-sum game where one person wins what the other person loses, it is not possible for the game to be advantageous to both players. Believing that the "wallet game" favors both players is a paradox.

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Bibliographische Detailangaben
Veröffentlicht in:Mathematics magazine 2001-12, Vol.74 (5), p.378-383
Hauptverfasser: Carroll, Maureen T., Jones, Michael A., Rykken, Elyn K.
Format: Magazinearticle
Sprache:eng
Schlagworte:
Density distributions
Discrete random variables
Expected values
Game theory
Games
Mathematics
Nash equilibrium
Paradoxes
Random variables
Statistical median
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Beschreibung
Zusammenfassung:In any two-person, zero-sum game where one person wins what the other person loses, it is not possible for the game to be advantageous to both players. Believing that the "wallet game" favors both players is a paradox.
ISSN:0025-570X
1930-0980
DOI:10.2307/2691032