Comment author:JGWeissman
06 July 2009 03:40:12AM
3 points
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It seems that Kalai's argument is that high stakes can transform a game of luck through its effects on the "incentives and motives of players", though he never explains what those effects are, or describes what he thinks the "incentives and motives of players" are in any situation. In short, I don't think he presented an actual argument to be followed.
Comment author:GilKalai
06 July 2009 01:04:04PM
1 point
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Precisely, my argument is that high stake bettings can transform a game of skill inti a game of luck
I tried to decribe some mechanisms why it can occur in a further comment on my blog.
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It seems that Kalai's argument is that high stakes can transform a game of luck through its effects on the "incentives and motives of players", though he never explains what those effects are, or describes what he thinks the "incentives and motives of players" are in any situation. In short, I don't think he presented an actual argument to be followed.
Precisely, my argument is that high stake bettings can transform a game of skill inti a game of luck I tried to decribe some mechanisms why it can occur in a further comment on my blog.