Tag Archives: Games of skill

Chess can be a Game of Luck

Can chess be a game of luck? Let us consider the following two scenarios: A) We have a chess tournament where each of forty chess players pay 50 dollars entrance fee and the winner takes the prize which is 80% … Continue reading

Posted in Controversies and debates, Economics, Games, Law, Probability, Rationality | Tagged , , , , , | 43 Comments