|
|
|
|
|
by gradstudent
4479 days ago
|
|
You're right. Still, there is something missing here: the game has no win condition. It is true that the best play seems to be to go for dice but suppose that rolling a 1 means I lose the game and forefit all my winnings. Why would I ever play that? |
|
Lots of situations. If you had $0, obviously.
Probably if you had less than $833.33 (the expected value of the dice in my game), slightly more subtly.
Maybe even other scenarios, depending on how long you wanted to play for, if there was a time cost to playing, if you could play for as long as you wanted, what your utility/risk preferences were, etc.
The point is that there are appropriate tools for reasoning about such games correctly - utility, decision theory, etc. - and they beat minimax.