dollar auction
Sign in to savenon-zero sum sequential game about auctioning a $1 bill with the rule that the 2nd-highest bidder also loses the bid amount; a paradox in which players make an ultimately irrational decision based on apparently rational choices
Wikidata facts
- Instance of
- non-zero-sum game
- Subclass of
- auction
Show 1 more fact
- discoverer or inventor
- Martin Shubik
Sources (1)
via Wikidata · CC0