[EM] Approval Strategy for the Average Citizen

Joseph Malkevitch joeyc at CUNYVM.CUNY.EDU
Thu Jul 18 16:30:35 PDT 2002


Dear Alex,

Mathematicians have studied something called two person zero-sum games.
What one player wins the other player loses. For some such games the
best way to play is to use a randomization device. What is intriguing,
and I think my memory is right here, is that in experiments where people
have been taught the advantage of using the randomization approach, if
allowed to play for a while, the "students" learn to use randomization
in a way that approaches the optimal value the theory offers.

Cheers,

Joe


-- 
Joseph Malkevitch             
Department of Mathematics     
York College (CUNY)               
Jamaica, New York 11451       


Phone: 718-262-2551
Web page: http://www.york.cuny.edu/~malk

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