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Old 10-18-2005, 02:29 PM
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Default Re: Classic Type Game Theory Problem

Let's say that A's inital holding is a and B's initial holding is b.
Then A redraws if:
1. b<.5 and a<.5
2. b>.5 and a<1-sqrt(2*(1-b))

B redraws iff b<.5.

Now assuming the initial pot is 1, the value of the game should be
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