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A fairground game
Author(s) -
Atkinson Richard,
Haigh John
Publication year - 2004
Publication title -
significance
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.123
H-Index - 21
eISSN - 1740-9713
pISSN - 1740-9705
DOI - 10.1111/j.1740-9713.2004.00043.x
Subject(s) - mathematical economics , computer science , ask price , economics , finance
People who play fairground games that offer monetary prizes do not expect to win money. Some bias in favour of the house is essential for a game to be viable, but how large a bias is reasonable? Richard Atkinson and John Haigh ask: Are some games too unfair?