Article ID: | iaor20112009 |
Volume: | 40 |
Issue: | 1 |
Start Page Number: | 111 |
End Page Number: | 117 |
Publication Date: | Feb 2011 |
Journal: | International Journal of Game Theory |
Authors: | Tsakas Elias |
Keywords: | gambling, betting |
This note considers gambles that take place even if only some–but not all–individuals agree to participate. I show that the bet cannot take place if it is commonly known how many individuals are willing to participate.