Download This PaperAn Algorithm to Play Talmud Using the 50-50 Rule
5 Pages Posted: 17 Nov 2015
Date Written: November 15, 2015
Abstract
Playing three-person games can be very cumbersome without a good algorithm. This paper works out the algorithm to paly the Talmud bankruptcy game using the 50-50 Rule in a simple Excel spreadsheet. The algorithm can be applied to any estate size, and consistency check is included.
Keywords: Bargaining
JEL Classification: C78
Suggested Citation: Suggested Citation
Choi, Hak, An Algorithm to Play Talmud Using the 50-50 Rule (November 15, 2015). Available at SSRN: https://ssrn.com/abstract=2691164 or http://dx.doi.org/10.2139/ssrn.2691164
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