Article ID: | iaor19981804 |
Country: | Netherlands |
Volume: | 86 |
Issue: | 2 |
Start Page Number: | 366 |
End Page Number: | 373 |
Publication Date: | Oct 1995 |
Journal: | European Journal of Operational Research |
Authors: | Ryan Michael J. |
Keywords: | programming: goal, game theory |
This paper first presents the familiar matching pennies game in an unfamiliar constrained gaming form which can give explicit representation to the fairness or otherwise of the coin. Then the intervening duality idea is introduced and shown to make it possible, among other things, to give formal representations to games in which two individuals play using a coin which both believe to be fair relative to a system, yet potentially systematically advantageously biased towards themselves.