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How would you play this upcoming casino drawing?
This is an example of a prisoner's dilemma. I think the standard advice is to vote STEAL because you give yourself a chance at 20k if your opponent votes SPLIT.
If your opponent votes STEAL, your win is 5k no matter how you voted.
If you could reliably collude with the other player, then you could work out a deal to guarantee 25k total. But unless the other player is your spouse, I don't know how that could be accomplished.
Am I missing anything?
I believe there is no Nash equilibrium since it's not a zero sum game. The strategy that gives them the least valuable best counter strategy (steal) makes them indifferent between (steal/split), even though to you it's the difference between $5k and $20k.
Real world you'd definitely try to collude. If colluding is impossible I think I'd go with (steal) expecting them to perceive (steal) as a longshot or as unfriendly or something, or even to just pick at random (making steal worth $12.5k on average vs split being $7.5k on average).
Rudy's got good taste:
Table play, WHY did you put the Rudy Giuliani Political Scandal in Dom's gambling thread that is asking if he should split or steal in some Freeplay giveaway game ? :confused: That's a major hijack. :confused:
Smurgerburger already nailed the proper strategy so there was nothing left to discuss.Quote:
Originally Posted by Tasha
Quote:
Originally Posted by tableplayRudy's got good taste:
You’re right
Better taste than Bill Clinton at least.
Dunphy:Hi, I'd like to apply for your Director of Business Development position ?Quote:
Originally Posted by DGenBenQuote:
Originally Posted by tableplayRudy's got good taste:
You’re right
Better taste than Bill Clinton at least.
Rudy:You're hired !! When can you start ?
Lol.Quote:
Originally Posted by tableplayDunphy:Hi, I'd like to apply for your Director of Business Development position ?Quote:
Originally Posted by DGenBenQuote:
Originally Posted by tableplayRudy's got good taste:
You’re right
Better taste than Bill Clinton at least.
Rudy:You're hired !! When can you start ?
Dunphy: I thought what he said was the salary was $1 Million a year if I “don’t” blow it.
You could have just left his thread alone, not hijack it with the Rudy Giuliani Political Scandal. I would have been pissed if I were Dom and you hijacked my thread with this Rudy Giuliani Political Scandal. :mad:Quote:
Originally Posted by tableplaySmurgerburger already nailed the proper strategy so there was nothing left to discuss.Quote:
Originally Posted by Tasha
Quality posts from quality persons, I guess.
I didn't intend to neglect my thread, but I need to study up. There was some movie on the subject, but I never saw it. That was around the time I stopped keeping up with pop culture.
https://www.youtube.com/watch?v=EajIlG_OCvwQuote:
Originally Posted by Don PerignomI didn't intend to neglect my thread, but I need to study up. There was some movie on the subject, but I never saw it. That was around the time I stopped keeping up with pop culture.