Packel (Lake Forest College), whom we all wish to accompany to Las Vegas, introduces and develops the mathematics you will need to conduct a rational analysis of various gambling and game activities, including a selective history of gambling, finite probabilities and mathematical expectations, manipulating backgammon through math, using permutations, combinations and applications in poker, the secrets of sports betting, game theory in zero-sum
and non zero-sum
games, the impact of the Nash equilibrium concept in popular culture, and the mathematics of bluffing and Texas Holdem.
All the participants apparently accept the idea that world oil supplies are about to decline, and they all share a zero-sum
view of natural resources.
If the department does not approve overall rate hikes, any changes under the new formula will be a zero-sum
game: Decreases in some customers' premiums will be offset by equal increases in others'.
CHANGING THE BEHAVIOR: Creating value is not a zero-sum
game of absolute winners or losers.
In their opinion, while it is possible to build the reputation of multiple institutions in the same marketplace, prestige is a zero-sum
Reliance, The Home and many others who failed or left the business remind us that zero-sum
competition in mature property/casualty markets is an unforgiving game.
Waldman has an admirably mixed attitude toward Morris, who, after all, was his rival in the contest for influence with POTUS (a zero-sum
game for most speechwriters).
That was a big issue in the streets of Seattle during the World Trade Organization's meeting last December, but does it have to be a zero-sum
The "nonzero" of the book's title comes from game theory, in which games either have zero-sum
outcomes, where one player's loss is another's gain, or non-zero-sum
outcomes, where both players can gain (or both can lose).
Indeed, it is difficult to imagine what shape historical evidence of this sort might take, for the assertion seems to rest on the assumption that societies are ruled by a kind of zero-sum
moral budgeting, with built-in balancing mechanisms to keep them on some presumed even keel.
Among the books he has written are The Zero-Sum
Society and The Zero-Sum
Solution: Building a World-Class American Economy.
Game: The Rise of the World's Largest Derivatives Exchange takes readers behind the scenes of this battle to tell the gripping and often comical story of how the historic merger between CME and CBOT almost didn't happen.