[EM] The "Turkey" problem

[Forest Simmons]

On Wed, 28 May 2003, Dave Ketchum wrote:

>... you seem to describe your subjective ratings as objective.

In the context of political elections utilities are more or less
subjective, but it is easy to construct scenarios (i.e. games) for which
the utilities (i.e. payoffs) for the voters (i.e. players) are precise
objective amounts of money.

It may be useful to clarify the "turkey problem" in such an idealized
context first, and then adapt the results to the more realistic contexts
taking into account the effects of the idealization.

[In physics sometimes it is useful to ignore friction in the first
approximation, and then modify the results by considering friction as a
perturbation of the conservative results.]

Forest