NotesFAQContact Us
Collection
Advanced
Search Tips
Back to results
Peer reviewed Peer reviewed
Direct linkDirect link
ERIC Number: EJ771306
Record Type: Journal
Publication Date: 2007
Pages: 5
Abstractor: Author
ISBN: N/A
ISSN: ISSN-0022-0485
EISSN: N/A
Doing a Monty: Who Opened the Door to This Game for Economists?
Round, David K.
Journal of Economic Education, v38 n2 p248-252 Spr 2007
The Monty Hall three-door, "Let's Make a Deal" game, named after the 1970s television show, is used widely in economics, econometrics, statistics, and game-theory-based teaching, as well as in many other disciplines. Its solutions and underlying assumptions arouse great passion and argument, in both the academic and popular press. Most economists believe that the first popular elucidation of the game was presented by Nalebuff in the "Journal of Economic Literature". However, the game and its controversial solution were spelled out in "The American Statistician" years earlier by Selvin, at the time a young biostatistician at the University of California at Berkeley. Mathematicians give him due credit. The author argues that economists should also recognise his contribution. (Contains 15 notes.)
Heldref Publications. 1319 Eighteenth Street NW, Washington, DC 20036-1802. Tel: 800-365-9753; Tel: 202-296-6267; Fax: 202-293-6130; e-mail: subscribe@heldref.org; Web site: http://www.heldref.org
Publication Type: Journal Articles; Reports - Descriptive
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A