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Measuring Skill in Games: Several Approaches Discussed

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Author Info

  • Dreef, M.R.M.
  • Borm, P.E.M.
  • Genugten, B.B. van der

    (Tilburg University, Center for Economic Research)

Abstract

An aspect of casino games that in general leads to discussions among both participants and spectators, is the relative extent to which a player can positively influence his results by making appropriate strategic choices.This question is closely related to the issue of how to distinguish between games of skill and games of chance.This is an issue that is interesting from a juridical point of view too, since in many countries the legitimacy of exploiting a speci-c game depends on the category to which it belongs.This paper summarizes recent developments concerning the measurement of skill in games.It points out the elements in the de-nitions that need closer attention, it illustrates the analysis with examples and it discusses further possibilities

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Bibliographic Info

Paper provided by Tilburg University, Center for Economic Research in its series Discussion Paper with number 2003-9.

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Date of creation: 2003
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Handle: RePEc:dgr:kubcen:20039

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Web page: http://center.uvt.nl

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Keywords: game theory;

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Cited by:
  1. Vito Fragnelli & Maria Erminia Marina, 2011. "Skill and Chance in Insurance Policies," Czech Economic Review, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, vol. 5(2), pages 191-202, August.

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