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Tournament Prize Money Conundrum

Posted By: Rick Janowski
Date: Saturday, 15 October 2016, at 10:32 p.m.

In Response To: Tournament Prize Money Conundrum (Timothy Chow)

I had hoped that, as a learned mathematician, you might have refrained from giving the link on Wikipedia just yet and give others a chance to think it through for themselves. This a little like giving the rollout results straight away before other readers have had time to consider.

The biggest problem here, in my view, is in how to demonstrate the average of the two possible outcomes doesn't inherently stack up from an equity perspective, without reference to other alternative approaches to the problem.

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