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Posts Tagged ‘Deal or No Deal’

“Deal or No Deal,” Cont’d.

There’s an article in today’s New York Times about “Deal or No Deal.” (See previous posts here, here and here.) From the headline — “A Game Show for the Probabilities Theorist in All of Us” — it sounds like it might be heading into a nifty theoretical realm but, alas, it is really a TV review at heart.

The sad thing about “Deal or No Deal”

Being a contestant on this show requires no talent whatsoever. You pick suitcases. You decide whether you prefer a riskless offer of money to a risky one. Then you go home with a bunch of money. Along the way, the crowd and your chosen friends scream and cheer like there is great skill in choosing among ex ante identical suitcases. . . .

Every Econ PhD Student in the World Had His Tivo on Tonight

Or at least somebody should be taping this new game show Deal or No Deal so they can write a paper about it. On the show, contestants get a suitcase with some amount of money in it and they get to keep the contents or take a certain offer that some “banker” on the phone is offering. A good chance . . .