Timeline for How to deal with this Chicken-And-Egg problem ?
Current License: CC BY-SA 3.0
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| Sep 18, 2012 at 15:48 | comment | added | Douglas Zare | I don't know what you mean by a transcendental value for the integers $n_1$ and $n_2$. However, your formula says you only need the banker to have a nonnegative expected return, and it is easy to ensure that. Set $M$ so that betting on Pass has a nonpositive return for the player, and set $N$ so that betting on Don't Pass has a nonpositive return. That said, I'm voting to close since I don't think the question is on the level of this site. | |
| Sep 18, 2012 at 15:15 | answer | added | Arthur B | timeline score: 1 | |
| Sep 18, 2012 at 13:34 | answer | added | Noah Stein | timeline score: 2 | |
| Sep 18, 2012 at 13:13 | comment | added | l4rmbr | The profit(M or N) and the risk(p) will influence how people bet | |
| Sep 18, 2012 at 12:44 | comment | added | Colin Reid | I'm struggling to see a mathematical question here. How are $n_1$ and $n_2$ influenced by $M$, $N$ and $P$? | |
| Sep 18, 2012 at 12:26 | history | edited | Gerry Myerson | CC BY-SA 3.0 |
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| Sep 18, 2012 at 8:16 | history | edited | l4rmbr | CC BY-SA 3.0 |
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| Sep 18, 2012 at 8:08 | history | edited | l4rmbr | CC BY-SA 3.0 |
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| Sep 18, 2012 at 8:03 | history | edited | l4rmbr | CC BY-SA 3.0 |
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| Sep 18, 2012 at 7:56 | history | asked | l4rmbr | CC BY-SA 3.0 |