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Tag Archives: Rules of the Game
The House always wins …
Here’s a puzzle: Why do people gamble in casinos, especially if (as our old friend Freddie Torres would like to say when talking about lawsuits against the government) “the House always wins”? By way of example, check out this report by Chris Opfer … Continue reading
Posted in Law, Rules
Tagged Blackjack, Casinos, Judicial Review, Law, Rules of the Game
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A modest (NFL) proposal
Last week, the commissioner of the National Football League, Roger Goodell, proposed an interesting idea–abolishing the extra point after a touchdown. (As an aside, check out Aaron Gordon’s excellent behavioral analysis of this proposal.) But if we’re going to reform the rules … Continue reading
prior probability 