Squares and Sharps, Suckers and Sharks The Science, Psychology and Philosophy of Gambling

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  • Engels
  • Paperback
  • 9780857304841
  • 19 mei 2021
  • 352 pagina's
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Samenvatting

People have been gambling, in one form or another, for as long as history itself. Why? Money, entertainment, escape and a desire to win are all traditional explanations. Arguably, however, these are secondary considerations to a higher order purpose: a craving for control. Gambling offers a means of gaining authority over the unknown,...



People have been gambling, in one form or another, for as long as history itself. Why? Money, entertainment, escape and a desire to win are all traditional explanations. Arguably, however, these are secondary considerations to a higher order purpose: a craving for control. Gambling offers a means of gaining authority over the unknown, granting us a sense of control over uncertainty. Almost always that sense is illusory - gambling, including betting and investing, is essentially random - yet for many it is nonetheless profoundly rewarding. This book attempts to explore the reasons why.

Along the way, it examines:

  • The science of probability and uncertainty
  • Why gambling is often condemned
  • The difference between expectation and utility
  • The irrationality of human beings
  • Evolutionary perspectives on gambling
  • Luck and skill
  • Market efficiency and the wisdom of crowds
  • Why winners take all
  • Cheating
  • Why the process matters more than the outcome

Productspecificaties

Inhoud

Taal
en
Bindwijze
Paperback
Oorspronkelijke releasedatum
19 mei 2021
Aantal pagina's
352
Illustraties
Nee

Betrokkenen

Hoofdauteur
Joesph Buchdahl
Hoofduitgeverij
High Stakes Publishing

Overige kenmerken

Editie
2nd New edition
Product breedte
153 mm
Product lengte
234 mm
Studieboek
Nee
Verpakking breedte
153 mm
Verpakking hoogte
234 mm
Verpakking lengte
234 mm

EAN

EAN
9780857304841

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