Feeling lucky! – On the game theoretic aspects of lotteries | with Nick Arnosti
Game Changer - the game theory podcast
00:00
Using a Weightless Lottery or a Weightless System?
In both systems, you can kind of either give people more or less choice. The second feature is that if you turn down an offer, you're essentially back to square one. And so what we show is that kind of any systems with those two properties turn out to essentially lead to very, very similar outcomes.
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