A Game Theoretic Analysis of the Three-Gambler Ruin Game

Ath. Kehagias, G. Gkyzis, A. Karakoulakis +1

We study the following game. Three players start with initial capitals of $s_1,s_2,s_3$ dollars; in each round player $P_m$ is selected with probability $\frac{1}{3}$; then…