منابع مشابه
Fair infinite lotteries
This article discusses the question how the concept of a fair finite lottery can best be extended to denumerably infinite lotteries. Techniques and ideas from non-standard analysis are brought to bear on the problem.
متن کاملInfinitesimals are too small for countably infinite fair lotteries
We show that infinitesimal probabilities are much too small for modeling the individual outcome of a countably infinite fair lottery.
متن کاملChoosing fair lotteries to defeat the competition
We study the following game: each agent i chooses a lottery over nonnegative numbers whose expectation is equal to his budget bi. The agent with the highest realized outcome wins (and agents only care about winning). This game is motivated by various real-world settings where agents each choose a gamble and the primary goal is to come out ahead. Such settings include patent races, stock market ...
متن کاملFair Procedures Evidence from Games Involving Lotteries
Procedural fairness plays a prominent role in the social discourse concerning the marketplace in particular, and social institutions in general. Random procedures are a simple case, and they have found application in several important social allocation decisions. We investigate random procedures in the laboratory. We find that an unbiased random procedure is an acceptable substitute for an unbi...
متن کاملFair e-Lotteries and e-Casinos
In this paper we provide protocols for fair lottery and casino games. These fair protocols enable to remove the trust from the casino/lottery without resorting to another trusted third party, by allowing the user playing the game to participate in the generation of the specific run of the game. Furthermore, the user is able to verify the correctness of the execution of the game at the end of th...
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ژورنال
عنوان ژورنال: Synthese
سال: 2010
ISSN: 0039-7857,1573-0964
DOI: 10.1007/s11229-010-9836-x