Pirate game

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High Quality Content by WIKIPEDIA articles! The pirate game is a simple mathematical game. It illustrates how, if assumptions conforming to a homo economicus model of human behaviour hold, outcomes may be surprising. It is a multi-player version of the ultimatum game. There are five rational pirates, A, B, C, D and E. They find 100 gold coins. They must decide how to distribute them. The Pirates have a strict order of seniority: A is superior to B, who is superior to C, who is superior to D, who is superior to E. The Pirate world's rules of distribution are thus: that the most senior pirate should propose a distribution of coins. The pirates, including the proposer, then vote on whether to accept this distribution. If the proposed allocation is approved by a majority or a tie vote, it happens. If not, the proposer is thrown overboard from the pirate ship and dies, and the next most senior pirate makes a new proposal to begin the system again.

Weitere Informationen

  • Allgemeine Informationen
    • GTIN 09786130323394
    • Editor Lambert M. Surhone, Miriam T. Timpledon, Susan F. Marseken
    • Sprache Englisch
    • Größe H220mm x B150mm x T8mm
    • Jahr 2009
    • EAN 9786130323394
    • Format Fachbuch
    • ISBN 978-613-0-32339-4
    • Titel Pirate game
    • Untertitel Mathematics, Game Theory, Homo Economicus, Ultimatum Game, Piracy, Scientific American, Creative Problem Solving, Lateral Thinking, Social Sciences, Economics, Solution Concept
    • Gewicht 213g
    • Herausgeber Betascript Publishers
    • Anzahl Seiten 132
    • Genre Mathematik

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